Citigroup (C) Set to Announce Earnings on Tuesday

Citigroup (NYSE:C) will post its quarterly earnings results before the market opens on Tuesday, January 16th. Analysts expect Citigroup to post earnings of $1.27 per share for the quarter.

Citigroup (NYSE:C) last released its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.10. The firm had revenue of $18.17 billion for the quarter, compared to analysts’ expectations of $17.87 billion. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.24 earnings per share. On average, analysts expect Citigroup to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of Citigroup (NYSE:C) opened at $76.84 on Friday. The firm has a market cap of $203,170.00, a PE ratio of 14.81, a PEG ratio of 1.21 and a beta of 1.56. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.01 and a current ratio of 1.01. Citigroup has a 52 week low of $55.23 and a 52 week high of $77.92.

A number of equities research analysts have recently weighed in on C shares. Bank of America reaffirmed a “neutral” rating on shares of Citigroup in a research note on Wednesday, October 11th. Wells Fargo & Co reaffirmed a “buy” rating on shares of Citigroup in a research note on Monday, October 2nd. Keefe, Bruyette & Woods lifted their target price on shares of Citigroup from $80.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, December 14th. Atlantic Securities reaffirmed an “overweight” rating and set a $85.00 target price (up previously from $75.00) on shares of Citigroup in a research note on Tuesday, September 26th. Finally, BMO Capital Markets lifted their target price on shares of Citigroup from $65.00 to $67.00 and gave the company a “market perform” rating in a research note on Friday, October 13th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $77.92.

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Citigroup Company Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

Earnings History for Citigroup (NYSE:C)

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