Citigroup (C) reported Q4 FY2023 earnings of $0.84 per share (versus $1.10 per share in Q4 FY2022), beating analysts’ consensus estimate of $0.11 per share.
The company’s quarterly revenues amounted to $17.440 bln (-3.1% y/y), missing analysts’ consensus estimate of $18.713 bln.
The company also issued upside guidance for FY2024, seeing revenues of $80-81 bln versus analysts’ consensus estimate of $79.46 bln.
С rose to $53.40 (+2.53%) in pre-market trading.