Citigroup Reports Second Quarter 2019 Results

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Go back to Citigroup Reports Second Quarter 2019 Results

Citigroup (C) Erases Earlier Decline, Goes Green Slightly; Earnings Call Ongoing

July 15, 2019 10:30 AM EDT

Mason: Citi (NYSE: C) Erases Earlier Decline, Goes Green Slightly; Earnings Call Ongoing

... More

Citigroup (C) Tops Q2 EPS by 2c

July 15, 2019 7:59 AM EDT

(Updated - July 15, 2019 8:01 AM EDT)

Citigroup (NYSE: C) reported Q2 EPS of $1.83, $0.02 better than the analyst estimate of $1.81. Revenue for the quarter came in at $18.76 billion versus the consensus estimate of $18.49 billion.

Earnings per share of $1.95 increased 20% from the prior-year period including the gain. Excluding the Tradeweb gain7, earnings per share of $1.83 increased 12% primarily driven by a 10% reduction in average diluted shares outstanding and the lower effective... More