Citigroup Earnings: Failure Is Not an Option:
NEW YORK (TheStreet) -- After a dismal fourth quarter and a disappointing result from the Federal Reserve's stress test, Citigroup cannot afford another financial upset when it reports its first quarter results in mid-April.
So far, analysts are optimistic that a rebound in fixed income trading revenues and continuing improvements in credit quality will assure Citigroup a earnings report that bears a close resemblance to the strong first quarter of the previous year.
According to consensus estimates available on Bloomberg, analysts expect the third largest bank by assets to report an earnings per share of 97 cents on revenues of $19.7 billion.
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NEW YORK (TheStreet) -- After a dismal fourth quarter and a disappointing result from the Federal Reserve's stress test, Citigroup cannot afford another financial upset when it reports its first quarter results in mid-April.
So far, analysts are optimistic that a rebound in fixed income trading revenues and continuing improvements in credit quality will assure Citigroup a earnings report that bears a close resemblance to the strong first quarter of the previous year.
According to consensus estimates available on Bloomberg, analysts expect the third largest bank by assets to report an earnings per share of 97 cents on revenues of $19.7 billion.
...
Click to view a price quote on C.
Click to research the Banking industry.
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