Citig
Citigroup (C) got here out with quarterly earnings of $1.90 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.61 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 4.40%. 1 / 4 in the past, it was anticipated that this U.S. financial institution would publish earnings of $1.96 per share when it really produced earnings of $1.98, delivering a shock of 1.02%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.
Citigroup, which belongs to the Zacks Banks – Main Regional trade, posted revenues of $18.38 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.80%. This compares to year-ago revenues of $17.12 billion. The corporate has topped consensus income estimates two instances during the last 4 quarters.
The sustainability of the inventory’s rapid value…