Citigroup (NYSE:C) reported its Q1 earnings results on Thursday, April 14, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Citigroup beat estimated earnings by 28.66%, reporting an EPS of $2.02 versus an estimate of $1.57.
Revenue was down $141.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.25% drop in the share price the next day.
Here's a look at Citigroup's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.37 | 1.68 | 1.96 | 2.60 |
| EPS Actual | 1.46 | 2.15 | 2.85 | 3.62 |
| Revenue Estimate | 16.77B | 17.01B | 17.20B | 18.82B |
| Revenue Actual | 17.02B | 17.15B | 17.47B | 19.33B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
