Posted 1/5/2024, 10:45:18 PM
Citigroup Stock Outperforms Market as Earnings Report Approaches
- Citigroup (C) stock rose 1.04% on the day, outpacing the S&P 500, Dow, and Nasdaq
- C shares have gained 10.87% in the last month compared to 4.37% for the Finance sector
- Analysts expect Citigroup to post a 5.45% decline in year-over-year earnings in its January 12th report
- The consensus revenue estimate for the quarter is $19.09 billion, a 6.02% increase
- Citigroup currently has a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 9.12