Citigroup: Q3 Earnings Snapshot
By AP News
Published - Oct 15, 2024, 08:14 AM ET
Last Updated - Dec 16, 2024, 06:21 PM EST
NEW YORK (AP) — NEW YORK (AP) — Citigroup Inc. (C) on Tuesday reported third-quarter net income of $3.24 billion.
The bank, based in New York, said it had earnings of $1.51 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.
The U.S. bank posted revenue of $43.41 billion in the period. Its revenue net of interest expense was $20.32 billion, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $19.91 billion.
