Company news: Citigroup (C) quarterly results beat analysts’ expectations

Citigroup (C) reported Q4 FY2024 earnings of $1.22 per share (versus $0.84 per share in Q4 FY2023), beating analysts’ consensus estimate of $1.22 per share.

The company’s quarterly revenues amounted to $19.581 bln (+12.3% y/y), marginally beating analysts’ consensus estimate of $19.514 bln.

The company also issued upside revenue guidance for FY2025 of $83.5-84.5 bln versus analysts’ consensus estimate of $83.37 bln.

С rose to $76.33 (+3.85%) in pre-market trading.