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0 0.000436300174520045 0.00130890052356013 0.00087260034904009 0.0031413612565445 0.00506108202443279 -0.0135689354275742 -0.0226876090750437
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Citigroup earnings: $1.68 per share vs. $1.61 expected [CNBC]

JP MORGAN CHASE (JPM)  More Company Research Source: CNBC
Last jp morgan chase earnings: 7/13 06:45 am Check Earnings Report
PDF Citigroup reported Friday quarterly earnings and revenue that beat analyst expectations. Here is how the banking giant fared in the first quarter versus Wall Street expectations: —Earnings: $1.68 per share vs. $1.61 expected by Thomson Reuters —Revenue: $18.872 billion vs. $18.865 billion expected —Fixed income, currencies and commodities trading revenue: $5 billion vs. $3.68 billion expected Our first quarter results demonstrate strength and balance across our franchise and position us well for the rest of the year, CEO Michael Corbat said in a release. During the quarter, we returned more than $3 billion in capital to common shareholders which helped drive a significant improvement in earnings per share. Citigroup's results also got a boost from lower taxes. Last quarter, Citigroup's effective tax rate fell to 24 percent from 31 percent in the first quarter of 2017. The bank's stock is down more than 3 percent this year, lagging some of its peers, including J.P [Read more]

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