Citigroup Earns $2.9 Billion In Quarter, Beating Expectations

Citigroup made $2.9 billion from April through June and exceeded Wall Street estimates, helped by lowering the amount it keeps aside for loan losses because more of its customers paid back loans on time.

Topics:  april   june   wall street   citigroup   billion   
BING NEWS:
  • American Capital Mortgage Investment Crp Earns “Neutral” Rating from Citigroup Inc. (MTGE)
    The company has a market cap of $1.047 billion and a P/E ratio of 8.29 ... The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $1.02. The company had revenue of $39.80 million for the quarter ...
    08/21/2014 - 2:45 am | View Link
  • The Home Depot Earns “Buy” Rating from Citigroup Inc. (HD)
    The company reported $1.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.45 by $0.07. The company had revenue of $23.80 billion for the quarter, compared to the consensus estimate of $23.61 billion. During the same quarter in ...
    08/20/2014 - 6:18 am | View Link
  • KB Home Earns “Neutral” Rating from Citigroup Inc. (KBH)
    The company has a market cap of $1.579 billion and a P/E ratio of 17.77. KB Home (NYSE:KBH) last released its earnings data on Friday, June 27th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.07.
    08/19/2014 - 2:42 am | View Link
  • Monster Beverage Corp Earns “Neutral” Rating from Citigroup Inc. (MNST)
    The company has a market cap of $15.012 billion and a P/E ratio of 40.12. Monster Beverage Corp (NASDAQ:MNST) last announced its earnings results on Thursday, August 7th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the ...
    08/17/2014 - 9:00 pm | View Link
  • Citigroup Reports 30 Percent Jump In Profits
    BOSTON -- Citigroup reported a first-quarter profit of $3.8 billion, a 30 percent surge from last year as the bank’s securities and trading operation boosted the company in beating Wall Street ... to borrow and what it earns off loans and investments ...
    04/15/2013 - 5:52 am | View Link
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BING SEARCH:
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    Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and ...
    08/21/2014 - 6:02 am | View Website
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    Company Profile & Key Executives for C. Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to ...
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    Citigroup (C) is a multinational financial service company that provides a range of financial products and services to consumer and corporate customers.
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