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.
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
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 ...
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.
Analysts surveyed by FactSet had expected BlackRock to report a record $11.65 trillion of assets. The firm managed $11.5 trillion at the end of September.
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Shares of American Airlines Group Inc. fell 8% Thursday after the air carrier gave weaker-than-expected guidance in its fourth-quarter results. But the company's outlook is "not as negative as the optics," Raymond James analyst Savanthi Syth said.
American Airlines Group reported solid earnings growth that topped estimates, but guidance for Q1 2025 disappointed Wall Street.