Citizens Financial Group ($CFG) Quarterly Earnings Top Street Estimates

23

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.