Company News: Citigroup (C) quarterly results beat analysts’ estimates

Market news

14 July 2020

Company News: Citigroup (C) quarterly results beat analysts’ estimates

Citigroup (C) reported Q2 FY 2020 earnings of $0.50 per share (versus $1.95 per share in Q2 FY 2019), beating analysts’ consensus estimate of $0.27 per share.

The company’s quarterly revenues amounted to $19.766 bln (+5.4% y/y), beating analysts’ consensus estimate of $19.061 bln.

C rose to $53.10 (+1.72%) in pre-market trading.

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