Categories AlphaGraphs, Earnings, Finance

Infographic: Citigroup (C) Q1 earnings beat estimates; revenue up 12%

Banking behemoth Citigroup Inc. (NYSE: C) reported an increase in first-quarter net profit amid a 12% growth in revenues. The results also exceeded analysts’ forecasts.

Citigroup Q1 2023 earnings infographic

Citigroup reported a net income of $4.6 billion or $2.19 per share for the first three months of fiscal 2023, compared to $4.3 billion or $2.02 per share in the corresponding period of last year. The latest number beat the market’s forecast. Total revenues increased 12% annually to $21.4 billion and exceeded estimates.

“Our robust and well-managed balance sheet was a source of strength for our clients and we continue making progress in executing our strategy focused on our five core interconnected businesses while simplifying and transforming the firm,” said Citi’s CEO Jane Fraser.

Prior Performance

  • Citigroup Q4 2022 earnings infographic
  • Citigroup Q3 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Infographic: How Alaska Air Group (ALK) performed in Q1 2024

Alaska Air Group (NYSE: ALK) reported its first quarter 2024 earnings results today. Total operating revenue increased 2% year-over-year to $2.23 billion. Net loss amounted to $132 million, or $1.05 per

KMI Earnings: Kinder Morgan Q1 2024 adjusted profit increases; revenue drops

Kinder Morgan, Inc. (NYSE: KMI) reported higher adjusted earnings for the first quarter of 2024 despite a decrease in revenues. The energy infrastructure company also issued guidance for the full

What to expect when Altria (MO) reports first quarter 2024 earnings results

Shares of Altria Group, Inc. (NYSE: MO) stayed green on Wednesday. The stock has dropped 8% over the past one month. The tobacco giant is scheduled to report its first

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top