C · News · 20261021N
Quarterly Earnings Performance
CITIGROUP INC · 2026-10-21 · Importance 37 · Surprise 6 · In source text
Citigroup reported quarterly revenue of $23.84 billion, exceeding the $714 million materiality threshold. Quarterly earnings were $2.85 per share, above analyst expectations. The results indicate quarterly profitability exceeded consensus estimates, although the digest provides no year-over-year or sequential revenue comparison.
Key facts
- Citigroup Inc. reported $2.85 per share in quarterly earnings on $23.84 billion in revenue, surpassing quarterly earnings expectations. source
- Pinnacle Associates Ltd. reduced its stake in Citigroup Inc. by 2.5%, selling 8,275 shares and still holding 323,837 shares valued at $41.9 million. source
- Shares of Citigroup Inc. increased by 1.09% to $123.85, marking the stock's second consecutive day of increases. source
- Institutional investors hold a 71.72% stake in Citigroup Inc. source
- Eighteen brokerages have issued a consensus "Moderate Buy" rating for Citigroup Inc., with an average 12-month price target of $150.79. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | unclear | realized | — | Citigroup Inc. reported $2.85 per share in quarterly earnings on $23.84 billion in revenue, surpassing quarterly earnings expectations. |
| net_income | positive | realized | — | Citigroup Inc. reported $2.85 per share in quarterly earnings on $23.84 billion in revenue, surpassing quarterly earnings expectations. |