Categories AlphaGraphs, Earnings, Finance
Key highlights from Citigroup’s (C) Q4 2020 earnings report
Citigroup Inc. (NYSE: C) reported fourth-quarter 2020 earnings results on Friday. Revenues decreased 10% from last year to $16.5 billion.
Net income fell 7% from $4.9 billion to $4.6 billion and earnings per share dropped from $2.15 to $2.08, compared to analysts’ estimate of $1.34 per share.
Michael Corbat, Citi’s CEO, said, “We ended a tumultuous year with a strong fourth quarter. As a sign of the strength and durability of our diversified franchise, our revenues were flat to 2019, despite the massive
the economic impact of COVID-19.”
Check management’s comments on Citigroup’s Q4 report
Citigroup Inc.’s stock closed at $69.01 on Thursday evening, up 3%, but declined on Friday morning.
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
