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Citigroup (C) Reports Q3 EPS from Cont. Ops. of 8c, Beats by 2c

October 18, 2010 8:01 AM EDT
C Hot Sheet
Revenue Growth %: -1.5%

Financial Fact:
Provision for income taxes: 1.01B

Today's EPS Names:
TARO, BRLI, TLB, More
Citigroup (NYSE: C) reports Q3 EPS from continuing operations of $0.08, 2 cents better than the analyst estimate of $0.06. GAAP EPS for the quarter were $0.07. Revenue for the quarter was $20.74 billion, which compares to the estimate of $21.15 billion.

Tier 1 common ratio of 10.3%, allowance for consumer loan losses $37.6B, allowance for loan losses $43.7 billion.

Tangible book value per share for Citigroup rose to $4.44, up from $4.19 in the prior quarter.


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