Citigroup Inc. (NYSE: C) has released its first quarter financial results in a pre-market announcement, offering investors insight into its fiscal health.
This quarter’s financial results show earnings of $1.96 per share and revenue of $21.6 billion.
Analysts’ consensus projected earnings of $1.85 and revenue of $21.29 billion for the quarter.
Compared to the previous year, revenue increased by 2.4% and earnings by 24.1% in the latest quarter.
The company has revised its revenue forecast for fiscal year 2025 to a range of $83.1 to $84.10 billion, down from the previous range of $83.50 to $84.50 billion.
Meanwhile, financial experts on Wall Street are predicting revenue of $83.59 billion.
