Company News: Citigroup (C) quarterly earnings beat analysts’ expectations

Market news

15 October 2019

Company News: Citigroup (C) quarterly earnings beat analysts’ expectations

Citigroup (C) reported Q3 FY 2019 earnings of $1.97 per share (versus $1.73 in Q3 FY 2018), beating analysts’ consensus estimate of $1.95.

The company’s quarterly revenues amounted to $18.574 bln (+1.0% y/y), generally in line with analysts’ consensus estimate of $18.545 bln.

C fell to $69.88 (-0.51%) in pre-market trading.

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