Markets

Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints

Citigroup reported mixed fourth-quarter earnings on Friday that were hurt by weaker-than-expected fixed-income trading revenues. The bank reported profits that beat analyst estimates, but revenue fell short. Citigroup saw weakness in its consumer banking arm, with revenues down 14%. Shares of Citigroup fell more than 1% in early trading. Sign […]
Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints
Markets

Citigroup posts strong trading results amid layoffs, beats profit estimates

Citigroup reported third-quarter earnings on Tuesday morning before the opening bell. Both revenue and earnings per share outperformed Wall Street expectations. The firm saw trading results slip just 1% amid hundreds of layoffs, beating expectations for a 4% decline. The bank also reported fixed-income trading revenue that beat estimates and […]
Citigroup posts strong trading results amid layoffs, beats profit estimates
Markets

Citi leads a rally in bank stocks after beating Wall Street earnings estimates

Citigroup reported second-quarter financial results on Monday before the opening bell. Both revenue and earnings per shares outperformed Wall Street expectations. Equities trading revenue fell below expectations while fixed-income revenues surpassed estimates. Watch Citigroup trade live. Citigroup kicked off earnings seasons this morning when it reported better than expected earnings […]
Citi leads a rally in bank stocks after beating Wall Street earnings estimates