CORRECTION: Citigroup Q3 2024 Adj EPS $1.51 Beats $1.31 Estimate, Sales $20.30B Beat $19.84B Estimate
Portfolio Pulse from Benzinga Newsdesk
Citigroup's Q3 2024 adjusted EPS of $1.51 surpassed the estimate of $1.31, and sales of $20.30 billion exceeded the expected $19.84 billion.
October 15, 2024 | 12:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Citigroup reported better-than-expected Q3 2024 earnings with an adjusted EPS of $1.51, beating the $1.31 estimate, and sales of $20.30 billion, surpassing the $19.84 billion estimate.
Citigroup's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for the stock price. The beat on both EPS and sales suggests strong financial performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100