Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.
Citi analyst Nicholas Joseph reaffirmed a Buy rating on ProLogis (NYSE:PLD) shares, maintaining a $150.00 price target. According to InvestingPro data, PLD currently trades at $113.95, with analysts' targets ranging from $104 to $150,
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Citigroup Inc. said its fourth-quarter revenue rose 12% to $19.58 billion, which topped the FactSet consensus estimate of $19.51 billion. The bank swung to a fourth-quarter profit of $1.34 a share against a year-ago loss of $1.
Citi analysts updated their stance on shares of Northern Oil and Gas (NYSE:NOG), increasing the price target from $50.00 to $55.00, while reiterating a Buy rating. The firm's analysis incorporated revised earnings estimates,
Citigroup is set to report its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell. Here are some of the key metrics to watch and what analysts are expecting from the bank, according to LSEG: Earnings per share: $1.22
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,
Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines.
Important earnings season ahead as investors look for positive signs that the US economy can continue to be resilient in 2025
American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...