Citigroup (C) Flubs Q4 but Still Cheap Stock
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Citigroup (C) Shows Continued Traction in Q4, Although Results Miss Views
January 17, 2013 10:36 AM ESTCitigroup, Inc. (NYSE: C) gave investors a mixed bag with fourth quarter results Thursday. While net income and revenues rose, they missed most analysts expectations. In response investors sent shares down 2.7 percent mid-morning, although they are off the lows.
Revenues was $18.2 billion, up from revenues of $17.2 billion for the fourth quarter 2011. Excluding CVA/DVA, fourth quarter revenues were $18.7 billion, up 8% from the prior year period but below the consensus of $18.82 billion.
Citigroup reported net income in the quarter of $1.2 billion, or $0.38 per diluted share, This compared to net income of $956 million, or... More
UPDATE: Citigroup, Inc. (C) Posts Q4 EPS of 69c; Revs Light
January 17, 2013 8:00 AM EST(Updated - January 17, 2013 8:04 AM EST)
Citigroup, Inc. (NYSE: C) reported Q4 EPS of $0.69, which may not compare the analyst estimate of $1.04. Revenue for the quarter came in at $18.7 billion (ex CVA/DVA) versus the consensus estimate of $18.82 billion. Original EPS was $0.38, before... More
