financetom
Business
financetom
/
Business
/
Citi Group Q3 Earnings Decline, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Citi Group Q3 Earnings Decline, Revenue Increases
Oct 17, 2024 12:43 PM

08:23 AM EDT, 10/15/2024 (MT Newswires) -- Citi Group (C) reported Q3 earnings Tuesday of $1.51 per diluted share, down from $1.63 a year earlier.

Analysts polled by Capital IQ expected $1.31.

Revenue for the quarter ended Sept. 30 expressed as the sum of net interest income and total noninterest income was $20.32 billion, up from $20.14 billion a year earlier.

Analysts surveyed by Capital IQ expected $19.82 billion.

Shares of the banking giant were up nearly 2% in recent Tuesday premarket activity.

Price: 67.45, Change: +1.44, Percent Change: +2.18

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Walmart Canada Investing $68 Million in Wage Increases for Hourly Workers
Walmart Canada Investing $68 Million in Wage Increases for Hourly Workers
Oct 3, 2024
12:36 PM EDT, 09/25/2024 (MT Newswires) -- Walmart ( WMT ) unit, Walmart Canada, said Wednesday it is investing an additional 92 million Canadian dollars ($68.3 million) in pay increases for eligible hourly supply chain and frontline management, and retail associates. The retailer said it is investing in its associates through a combination of higher wages, benefit plans, skills training...
U.S. Steel says arbitration board rules in favor of Nippon Steel's $14.9 bln buyout
U.S. Steel says arbitration board rules in favor of Nippon Steel's $14.9 bln buyout
Oct 3, 2024
Sept 25 (Reuters) - U.S. Steel said on Wednesday the board of arbitration has ruled in favor of Nippon Steel's ( NISTF ) $14.9 billion buyout of the company, but the United Steelworkers union disagreed with the decision. The board, jointly selected by the company and the union to settle disputes, ruled that U.S. Steel had satisfied each of the...
EQT plans to reverse some US natgas production curtailments in Oct - CEO
EQT plans to reverse some US natgas production curtailments in Oct - CEO
Oct 3, 2024
Sept 25 (Reuters) - U.S. energy company EQT plans to reverse some natural gas production curtailments in October and November as demand for the fuel and prices increase, the company's CEO Toby Rice told Reuters on Wednesday. ...
Update: Google Files Anti-Competitive Complaint With European Commission About Microsoft's Cloud Operations
Update: Google Files Anti-Competitive Complaint With European Commission About Microsoft's Cloud Operations
Oct 3, 2024
12:33 PM EDT, 09/25/2024 (MT Newswires) -- (Updates with Microsoft's ( MSFT ) comments in the fifth and sixth paragraphs.) Alphabet's (GOOG) Google ( GOOG ) unit filed a complaint with the European Commission alleging Microsoft ( MSFT ) is engaged in anti-competitive practices to lock clients into using its cloud platform Azure, Google Cloud said in a blog post...
Copyright 2023-2026 - www.financetom.com All Rights Reserved