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Citigroup is set to report first-quarter earnings – here's what the Street expects

1. Citigroup's Q1 earnings report is due soon with expected earnings of $1.85. 2. Projected revenue is $21.29 billion, indicating moderate growth expectations. 3. Citigroup's fixed income trading focus may hinder performance against peers. 4. JPMorgan, Morgan Stanley, and Goldman Sachs reported strong equity trading revenue. 5. Citigroup shares are down 10% this year, amid broader banking selloff.

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FAQ

Why Bearish?

The focus on fixed income hurt Citigroup's trading performance relative to peers. Historical trends show that decreasing performance relative to competitors usually results in lower stock prices.

How important is it?

Earnings reports significantly influence stock prices, especially for banks like Citigroup. The context of competitive performance and risk factors makes this article highly relevant.

Why Short Term?

Earnings results will be released soon, creating immediate market reactions. Citigroup’s underperformance relative to peers will affect its stock price quickly.

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