Company News: Citigroup (C) posts mixed quarterly results

Market news

15 April 2020

Company News: Citigroup (C) posts mixed quarterly results

Citigroup (C) reported Q1 FY 2020 earnings of $1.05 per share (versus $1.87 per share in Q1 FY 2019), missing analysts' consensus estimate of $1.44 per share.

The company's quarterly revenues amounted to $20.713 bln (+11.6% y/y), beating analysts' consensus estimate of $18.977 bln.

C fell to $44.10 (-2.91%) in pre-market trading.

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