Citigroup Q4 Earnings Beat, Revenues Match Estimates

Citigroup (C) Q4 2024 Earnings Call Transcript
Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of Citi investor relations. [Operator instructions] Also, as a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time.
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Citigroup Q4 Earnings & Revenues Top Estimates, Expenses Down (Revised)
Citigroup Inc.’s C fourth-quarter 2024 adjusted net income per share of $1.34 surpassed the Zacks Consensus Estimate of $1.25. The company had incurred a loss of $1.16 in the fourth quarter of 2023. Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.
Citigroup's Stellar Q4 Performance: A Transition Year Ends with Momentum
Citigroup surpassed Q4 profit estimates with robust trading and dealmaking activities, launching a $20 billion buyback program. With shares up 5%, CEO Jane Fraser emphasizes ongoing strategic growth and transformation.
Citigroup Inc. Q4 Earnings Summary
Below are the earnings highlights for Citigroup Inc. (C): Earnings: $2.856 billion in Q4 vs. -$1.839 billion in the same period last
Citigroup stock climbs after posting Q4 earnings beat; announces $20B stock buyback
Citigroup (NYSE:C) stock gained 5.6% in Wednesday premarket trading after the megabank posted better-than-expected Q4 results and approved a $20B stock buyback program. Furthermore, the company expects its net interest income to rise in 2025.
Citigroup: Q4 Earnings Snapshot
The U.S. bank posted revenue of $40.9 billion in the period. Its revenue net of interest expense was $19.58 billion, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $19.55 billion.
Citigroup Turns To Profit In Q4, Revenue Up 12%; Issues 2025 Guidance
Citigroup (C) reported fourth quarter net income of $2.9 billion, compared to a net loss of $1.8 billion in the prior-year period,
Banks to kick off Q4 earnings on Wednesday — here's what to expect
Bank of America (NYSE: BAC) Chairman and CEO Brian Moynihan is confident that Q4 net interest income will reach $14.3B, compared with $14.1B in Q3, as the bank's loan growth outpaces the industry, deposits increase, and high-cost deposits run off.
Citigroup beats revenue estimate as it swings to a profit
Citigroup Inc. said its fourth-quarter revenue rose 12% to $19.58 billion, which topped the FactSet consensus estimate of $19.51 billion. The bank swung to a fourth-quarter profit of $1.34 a share against a year-ago loss of $1.
Citigroup shares rise as fourth-quarter earnings top estimates
Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell, beating estimates on the top and bottom lines. Shares of the bank rose more than 2% in premarket trading.
Citi reports Q4 EPS $1.34, consensus $1.24
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BofA Q4 profit jumps on trading boost, sees higher 2025 interest income
The earnings mirror those of rivals across Wall Street including JPMorgan, Goldman Sachs, Wells Fargo , and Citigroup, whose ...