Investing.com - Citigroup (NYSE:C) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.9 on revenue of $18.38B. Analysts polled by Investing.com anticipated EPS of $1.82 on revenue of $17.89B. That compared to EPS of $1.61 on revenue of $17.12B in the same period a year earlier. The company had reported EPS of $2.07 on revenue of $18.57B in the previous quarter.
Citigroup (NYSE:C) shares gained 1.24% to trade at $81.65 in pre-market trade following the report.
Citigroup (NYSE:C) follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $2.57 on revenue of $29.21B, compared to forecasts of EPS of $2.35 on revenue of $27.87B.
Wells Fargo&Co earnings missed analysts' expectations on Tuesday, with fourth quarter EPS of $0.93 on revenue of $19.86B. Investing.com analysts expected EPS of $1.12 on revenue of $20.11B
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