Here comes Citi … (C)
|10/12/2017||Posted by BusinessMediaguide.Com under General World News||
Citigroup is set to announce third-quarter earnings Thursday at 8 a.m.
Wall Street estimates the firm will announce earnings of $1.32 per share, up from $1.28 the previous quarter.
Here’s what else analysts are expecting:
- Revenues of $17.86 billion, down slightly from $17.9 billion in the second quarter.
- Net income of $3.6 billion, up from $3.55 billion in the second quarter.
- A hit to trading: CFO John Gerspach said in September that trading revenues could drop 15%.