Investing.com - Citigroup (NYSE:C) reported first quarter earnings that beat analysts' expectations on Monday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.87 on revenue of $18.58B. Analysts polled by Investing.com anticipated EPS of $1.8 on revenue of $18.61B. That compared to EPS of $1.68 on revenue of $18.87B in the same period a year earlier. The company had reported EPS of $1.61 on revenue of $17.12B in the previous quarter.
Citigroup shares gained 0.04% to trade at $67.45 in pre-market trade following the report.
For the year, Citigroup shares are up 29.5%, outperforming the S&P Global (NYSE:SPGI) 100 which is up 14% year to date.
Citigroup follows other major Financial sector earnings this month
On Friday, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Wells Fargo&Co earnings beat analyst's expectations on Friday, with first quarter EPS of $1.2 on revenue of $21.61B. Investing.com analysts expected EPS of $1.11 on revenue of $20.99B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar