Citizens Financial Group (NYSE: CFG) officially announced its first quarter earnings results before the market opened.
- Despite revenue falling short of forecasts, earnings continued to exceed market expectations.
- The quarterly results reveal adjusted income of $0.77 per share, with total revenue reaching $1.94 billion.
- Analyst projections for the quarter encompassed anticipated revenue of $1.94 billion and income of $0.75.
- The most recent quarterly results demonstrate a 1.2 percent decrease in revenue year-over-year, along with a 2.5 percent decline in earnings.