Citigroup (C) reported Q1 FY2024 earnings of $1.58 per share (versus $2.19 per share in Q1 FY2023), beating analysts’ consensus estimate of $1.18 per share.
The company’s quarterly revenues amounted to $21.104 bln (-1.6% y/y), beating analysts’ consensus estimate of $20.457 bln.
The company also issued revenue guidance for FY2024 of $80-81 bln versus analysts’ consensus estimate of $80.17 bln.
С rose to $61.61 (+1.49%) in pre-market trading.