StockNews.AI
C
Benzinga
215 days

Citi Outperforms Analyst Expectations With 12% Revenue Growth, Confirms $20 Billion Buyback Plan

1. Citigroup's Q4 revenue grew 12%, exceeding estimates at $19.58 billion. 2. EPS of $1.34 surpassed consensus estimate of $1.22. 3. The board approved a $20 billion share buyback program. 4. Analysts raised price targets post-earnings, indicating bullish sentiment. 5. Citi expects 2025 revenue between $83.5 billion and $84.5 billion.

6m saved
Insight
Article

FAQ

Why Bullish?

Earnings beat and share buyback program should support price growth.

How important is it?

Strong earnings and strategic buybacks directly impact investor sentiment and valuations.

Why Short Term?

Immediate positive market reaction is likely, especially post-earnings.

Related Companies

Related News