Company News: Citigroup (C) posts mixed quarterly results

Market news

15 January 2021

Company News: Citigroup (C) posts mixed quarterly results

Citigroup (C) reported Q4 FY 2020 earnings of $2.08 per share (versus $1.90 per share in Q4 FY 2019), beating analysts’ consensus estimate of $1.31 per share.

The company’s quarterly revenues amounted to $16.500 bln (-10.2% y/y), missing analysts’ consensus estimate of $16.707 bln.

C fell to $67.82 (-1.72%) in pre-market trading.

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