Earnings Outlook For Citigroup

Citigroup C unveils its next round of earnings this Tuesday, October 13. Get prepared with Benzinga's ultimate preview for Citigroup's Q3 earnings.

Earnings and Revenue

Wall Street analysts see Citigroup reporting earnings of $0.92 per share on sales of $17.22 billion. In the same quarter last year, Citigroup reported earnings per share of $1.97 on sales of $18.57 billion. If the company were to report earnings in line when it publishes results Tuesday, quarterly profit would be down 53.3%. Sales would be down 7.29% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of Citigroup were trading at $44.91 as of October 09. Over the last 52-week period, shares are down 36.6%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Citigroup is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://www.citigroup.com/citi/investor/pres.htm