Company news: Citigroup's (C) quarterly earnings beat analysts’ estimates

Citigroup (C) reported Q2 FY2024 earnings of $1.52 per share (versus $1.33 per share in Q2 FY2023), beating analysts’ consensus estimate of $1.39 per share.

The company’s quarterly revenues amounted to $20.139 bln (+3.6% y/y), roughly in line with analysts’ consensus estimate of $20.070 bln.

C rose to $67.79 (+3.17%) in pre-market trading.