Investing.com - Citigroup (NYSE:C) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Citigroup announced earnings per share of $2.15 on revenue of $17.15B. Analysts polled by Investing.com anticipated EPS of $1.74 on revenue of $17.06B.
Citigroup shares are up 13% from the beginning of the year and are trading at $70.85 , down-from-52-week-high.They are under-performing the S&P 500 which is up 16.18% from the start of the year.
Citigroup shares gained 0.84% in pre-market trade after the report.
Citigroup follows other major Financial sector earnings this month
Citigroup's report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.86B.
UnitedHealth had beat expectations on Thursday with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.41 on revenue of $71.3B.
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