Citigroup Reports Second Quarter 2020 Results

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Citi (C) PT Lowered to $101 at Oppenheimer Following Results

July 15, 2020 10:08 AM EDT

Oppenheimer analyst Chris Kotowski lowered the price target on Citi (NYSE: C) to $101.00 (from $106.00) while maintaining an Outperform rating.

The analyst commented, "After a $5.5B loan reserve build that penalized EPS by ~$2.05, C reported 2Q20 EPS of $0.50 (~covering the dividend) versus our... More

Citigroup (C) Tops Q2 EPS by 22c

July 14, 2020 8:00 AM EDT

(Updated - July 14, 2020 8:03 AM EDT)

Citigroup (NYSE: C) reported Q2 EPS of $0.50, $0.22 better than the analyst estimate of $0.28. Revenue for the quarter came in at $19.8 billion versus the consensus estimate of $19.11 billion.

For earnings history and earnings-related data on Citigroup (C) click here.

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