The highly anticipated financial results for the third quarter of Citigroup (NYSE: C) are scheduled to be disclosed on Tuesday 15th October 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
According to the forecasts of financial experts on Wall Street, the organization is expected to reveal an anticipated $1.31 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $19.84 billion.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $1.63. This was a direct result of the company's total revenue, which amounted to an impressive $20.14 billion during that specific period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $80.36 billion. Additionally, they are expecting the company to report profit of $5.65 per share for the full year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.52 | +14.3% | 20.14 B | +3.6% |
| Q1 2024 | $1.58 | -27.9% | 21.10 B | -1.6% |
| Q4 2023 | $0.84 | -27.6% | 17.44 B | -3.1% |
| Q3 2023 | $1.63 | +8.7% | 20.14 B | +8.8% |
| Q2 2023 | $1.33 | -39.3% | 19.44 B | -1.0% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 15th October 2024 at 11:00 AM eastern time to discuss Q3 financial results.
Citigroup (C) experienced a trading range of $64.10 to $66.10, along with a total volume of 15.51 million shares during the day. The stock concluded Friday's regular trading session at $65.74, indicating a rise of 3.56 percent.
