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Citigroup Inc. Reveals Advance In Q3 Profit

Citigroup Inc. (C) reported earnings for its third quarter that advanced from the same period last year.

The company's earnings came in at $4.62 billion, or $1.73 per share. This compares with $4.13 billion, or $1.42 per share, in last year's third quarter.

Analysts had expected the company to earn $1.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.2% to $18.39 billion from $18.42 billion last year.

Citigroup Inc. earnings at a glance:

-Earnings (Q3): $4.62 Bln. vs. $4.13 Bln. last year.
-EPS (Q3): $1.73 vs. $1.42 last year.
-Analysts Estimate: $1.69
-Revenue (Q3): $18.39 Bln vs. $18.42 Bln last year.

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