Investing.com - Citigroup (NYSE:C) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Citigroup announced earnings per share of $1.4 on revenue of $17.30B. Analysts polled by Investing.com anticipated EPS of $0.86 on revenue of $17.17B.
Citigroup shares are down 42% from the beginning of the year and are trading at $46.41 , down-from-52-week-high.They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 8.76% from the start of the year.
Citigroup shares gained 1.16% in pre-market trade following the report.
Citigroup follows other major Financial sector earnings this month
Citigroup's report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
BlackRock had beat expectations on Tuesday with third quarter EPS of $9.22 on revenue of $4.37B, compared to forecast for EPS of $7.73 on revenue of $3.92B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar