Citigroup, Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Citigroup, Inc. (NYSE:C) will unveil its latest earnings on Tuesday, January 17, 2012. Citigroup is a financial services holding company that provides corporations, governments, and consumers with a broad range of financial products and services.

Citigroup, Inc. Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 67 cents per share, a rise of 67.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 89 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 76 cents during the last month. For the year, analysts are projecting profit of $3.95 per share, a rise of 12.9% from last year.

Past Earnings Performance: Last quarter, the company reported net income of $1.23 per share versus a mean estimate of profit of. The company has beaten estimates for the past three quarters.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 1.1% in revenue from the year-earlier quarter to $18.57 billion.

Analyst Ratings: Analysts are bullish on this stock with 15 analysts rating it as a buy, two rating it as a sell and five rating it as a hold.

A Look Back: In the third quarter, profit rose 73.9% to $3.77 billion ($1.23 a share) from $2.17 billion (70 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 0.3% to $27.01 billion from $27.08 billion.

Key Stats:.

Revenue has fallen for the past three quarters. Revenue fell 5.1% in second quarter from the year earlier and 14.9% in the first quarter.

Competitors to Watch: Bank of America Corp. (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), Morgan Stanley (NYSE:MS), Barclays PLC (NYSE:BCS), Goldman Sachs Group, Inc. (NYSE:GS), U.S. Bancorp (NYSE:USB), UBS AG (NYSE:UBS), Deutsche Bank AG (NYSE:DB), and Royal Bank of Scotland Group plc (NYSE:RBS).

Stock Price Performance: During December 12, 2011 to January 11, 2012, the stock price had risen $4.05 (14.9%) from $27.22 to $31.27. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven-straight days, rising 8.8% (+$3.46) over that span. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six-straight days, falling 16.7% (-$5.21) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks).

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com