Citigroup Reports Third Quarter 2019 Results

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Credit Suisse Reiterates Outperform Rating on Citi (C) Following 3Q Report

October 17, 2019 7:08 AM EDT

Credit Suisse analyst Susan Katzke reiterated an Outperform rating and $80.00 price target on Citi (NYSE: C) following the company's 3Q earnings report. Citi reported 3Q eps of $2.07, beating the consensus of $1.95. The upside was tied to more revenue and lower than forecast credit costs.... More

Citigroup (C) Tops Q3 EPS by 2c

October 15, 2019 8:00 AM EDT

Citigroup (NYSE: C) reported Q3 EPS of $1.97, $0.02 better than the analyst estimate of $1.95. Revenue for the quarter came in at $18.57 billion versus the consensus estimate of $18.55 billion.

Citi CEO Michael Corbat said, Despite an unpredictable environment throughout the quarter, we continue to deliver on our strategy of improving shareholder returns... More