Citigroup Earnings beat, Revenue misses In Q4 By Investing.com

Citigroup (NYSE:C) reported on Friday fourth quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Citigroup announced earnings per share of $2.07 on revenue of $16.50B. Analysts polled by Investing.com anticipated EPS of $1.3 on revenue of $16.71B.

Citigroup shares are up 11% from the beginning of the year and are trading at $68.05 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.05% from the start of the year.

Citigroup shares lost 1.39% in pre-market trade the report.

Citigroup follows other major Financial sector earnings this month

Citigroup’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.79 on revenue of $29.22B, compared to forecasts EPS of $2.56 on revenue of $28.41B.

Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of $0.7 on revenue of $17.93B, compared to forecast for EPS of $0.5816 on revenue of $18.12B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar