StockNews.AI
C
Benzinga
2 hrs

Top Wall Street Forecasters Revamp Citigroup Expectations Ahead Of Q3 Earnings

1. Citigroup's Q3 earnings expected at $1.76, up from $1.51 last year. 2. Revenue forecast at $21.12 billion, an increase from $20.32 billion. 3. Citigroup redeemed $2.75 billion Fixed Rate/Floating Rate Notes in September. 4. Shares fell 1.1% to $96.70, showcasing market volatility. 5. Analysts maintain diverse ratings, with target adjustments indicating mixed sentiments.

4m saved
Insight
Article

FAQ

Why Bullish?

Analysts expect positive earnings growth, indicating strong operational performance. Historical trends show that upward earnings revisions often lead to positive stock movements.

How important is it?

The earnings report and growth expectations directly influence C's stock performance. Market focus on earnings provides significant insights into future performance.

Why Short Term?

Earnings reports typically lead to immediate market reactions. Positive revenue projections can influence stock prices quickly based on investor sentiment and trading patterns.

Related Companies

Related News