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

Market news

15 April 2021

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

Citigroup (C) reported Q1 FY 2021 earnings of $3.62 per share (versus $1.05 per share in Q1 FY 2020), beating analysts’ consensus estimate of $2.18 per share.

The company’s quarterly revenues amounted to $19.300 bln (-6.9% y/y), beating analysts’ consensus estimate of $18.340 bln.

С rose to $75.01 (+2.88%) in pre-market trading.

U.S.: NY Fed Empire State manufacturing index , April 26.3 (forecast 19.5)

European session review: USD slips as U.S. Treasury yields soften as fears of sooner-than-expected interest rate hike by Fed ebb

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