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2023-07-14

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Citigroup Posts Better-than-expected Earnings and Revenue

Citigroup reported second-quarter earnings and revenue that topped expectations.Here’s how the company fared in the quarter compared to what analysts polled by Refinitiv expected from the banking giant.Earnings per share: $1.33 vs. $1.30Revenue: $19.44 billion vs. $19.29 billion“Amid a challenging macroeconomic backdrop, we continued to see the benefits of our diversified business model and strong balance sheet,” CEO Jane Fraser said in a statement.While beating Street estimates, Citi’s revenue

Citigroup Posts Better-than-expected Earnings and Revenue

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