© Reuters. Citigroup Earnings, Revenue Beat in Q2 Investing.com – Citigroup (NYSE:) reported on Tuesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Citigroup announced earnings per share of $ 0.5 on revenue of $ 19.77B. Analysts polled by Investing.com anticipated EPS of $ 0.36 on revenue of $ 18.78B.
Citigroup shares are down 34% from the beginning of the year , still down 37.19% from its 52 week high of $ 83.11 set on January 14. They are under-performing the S&P Global (NYSE:) 100 which is up 0.77% from the start of the year.
Citigroup shares gained 2.59% in pre-market trade following the report.
Citigroup follows other major Financial sector earnings this month
Citigroup’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $ 1.38 on revenue of $ 33.82B, compared to forecasts EPS of $ 1.19 on revenue of $ 30.41B.
Wells Fargo&Co had missed expectations on Tuesday with second quarter EPS of $ -0.66 on revenue of $ 17.84B, compared to forecast for EPS of $ -0.1 on revenue of $ 18.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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