Citi (C) Tops Q2 EPS by 7c; Capital Ratios Improve Across the Board
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July 16, 2013 12:26 PM EDT
Evercore Partners analyst Andrew Marquardt reiterated an Equal Weight rating on Citi (NYSE: C), raised estimates and bumped his price target from $51 to $53 Tuesday following solid Q2 results Monday with core EPS coming in at $1.39 and reported EPS at $1.34.
The firm raised 2013 EPS estimates from... More
July 15, 2013 2:50 PM EDT
On Monday morning Citigroup, Inc. (NYSE: C) reported Q2 EPS of $1.25 (excluding CVA/DVA) $0.07 better than the analyst estimate of $1.18. The beat was driven by stronger top line as well as better credit trends, noted Goldman Sachs analyst Richard Ramsden. In his view, Citigroups long... More
July 15, 2013 10:19 AM EDT
Evercore Partners bank analyst Andrew Marquardt provided an early read of Citigroup's (NYSE: C) Q2 results.
Despite a headline number of $1.34, excluding special items the analyst views core EPS closer to $1.39 which beat their estiamtes of $1.15 and consensus of $1.18 driven by lower credit... More
