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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:SPGI) 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’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
