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
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products