Citigroup Earnings: Your Sneak Peek to the Big Announcement
Citigroup (NYSE:C) will report earnings before markets open on Monday, April 15th. Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
Here is your Cheat Sheet to Citigroup Earnings:
Earnings Expectations: Analysts expect earnings of $1.18 per share on revenues of $20.17 billion. Currently, the company’s P/E ratio stands at 17.85.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.14 to a profit $1.12. For the current year, the average estimate is a profit of $4.61, which is worse than the estimate ninety days ago.
Here’s how Citigroup has been performing on an annual basis:
|Revenue ($) in millions||104,350||108,190||111,700||102,590||90,710|
|Diluted EPS ($)||-56.30||-7.99||3.54||3.63||2.44|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||22,890||25,000||24,080||18,970||22,660|
|Diluted EPS ($)||0.32||0.95||0.95||0.15||0.39|
Citigroup has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)