Earnings Preview: Citizens Financial Group
Portfolio Pulse from Benzinga Insights
Citizens Financial Group (NYSE:CFG) is scheduled to release its quarterly earnings report on January 17, 2024. Analysts predict an EPS of $0.71. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, CFG's stock price has been sensitive to earnings performance and guidance. Last quarter, CFG missed EPS estimates by $0.03, leading to a 2.77% stock price drop. Over the past year, CFG shares have declined by 23.79%.
January 16, 2024 | 2:00 pm
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Citizens Financial Group is expected to report an EPS of $0.71 for the upcoming quarter. Historical data shows that the company's stock price is sensitive to earnings performance and guidance, with a recent 2.77% drop after missing EPS estimates last quarter. Shares have fallen 23.79% over the past 52 weeks.
The predicted EPS of $0.71 sets a benchmark for investor expectations. Given CFG's history of stock price volatility post-earnings, the actual results and forward guidance will be critical for short-term price movement. The recent negative trend in stock performance may temper expectations, leading to a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100