Earnings Outlook For Citizens Financial Group
Portfolio Pulse from Benzinga Insights
Citizens Financial Group (NYSE:CFG) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an EPS of $0.92. The company's past performance shows a pattern of beating EPS estimates, which often leads to a subsequent increase in share price. However, the stock has been on a downward trend, with shares down 27.42% over the last 52-week period.
October 17, 2023 | 3:01 pm
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Citizens Financial Group is expected to report an EPS of $0.92 for Q3 2023. Despite past EPS beats, the stock has been on a downward trend, with shares down 27.42% over the last 52-week period.
The company's earnings report is a key event that could influence its stock price. While the company has a history of beating EPS estimates, which usually leads to a short-term increase in share price, the overall trend for the stock has been negative over the past year. This suggests that other factors, potentially including the company's future guidance, may be weighing on the stock.
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