Categories AlphaGraphs, Earnings, Finance
Earnings: Citigroup (C) Q4 2024 revenue, profit beat estimates
Citigroup Inc. (NYSE: C) Wednesday reported higher revenues for the fourth quarter of 2024. Both revenues and the bottom line exceeded analysts’ estimates.
In the December quarter, net profit came in at $2.9 billion or $1.34 per share, compared to a loss of $1.8 billion or $1.16 per share in the corresponding period last year. Earnings topped expectations.
Fourth-quarter revenues were $19.6 billion, compared to $17.44 billion in the prior year period. The top line exceeded analysts’ estimates.
“2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses,” said Citi’s CEO Jane Fraser.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CRM Earnings: Salesforce Q3 revenue up 8.6%; earnings beat estimates
Customer relationship management platform Salesforce, Inc. (NYSE: CRM) on Wednesday reported stronger-than-expected earnings for the third quarter of fiscal 2026. Revenues increased 8.6%. Adjusted net income increased to $3.25 per
Cloud Growth and AI Demand in focus as Oracle gears up for Q2 earnings
Technology giant Oracle Corporation (NYSE: ORCL) began the new fiscal year on a mixed note, reporting Q1 FY26 results that grew year over year but fell short of market expectations.
Key takeaways from Macy’s (M) Q3 2025 earnings report
Shares of Macy’s, Inc. (NYSE: M) gained over 1% in mid-day trade on Wednesday after falling earlier in the day despite the company delivering better-than-expected results for the third quarter
