Citigroup: Q2 Earnings Insights

Shares of Citigroup C moved higher by 1.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 73.85% year over year to $0.51, which beat the estimate of $0.28.

Revenue of $19,766,000,000 higher by 5.37% year over year, which beat the estimate of $19,110,000,000.

Looking Ahead

Citigroup hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 14, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/mtmh9mwz

Price Action

Company's 52-week high was at $83.11

Company's 52-week low was at $32.00

Price action over last quarter: Up 30.87%

Company Overview

Citigroup Inc is a global financial services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments, the global consumer banking segment, which provides basic branch banking around the world, and the institutional clients group, which provides large customers around the globe with investment banking, cash management, and other products and services.