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Citigroup Inc. Profit Retreats In Q3

Citigroup Inc. (C) revealed earnings for third quarter that decreased from the same period last year.

The company's bottom line totaled $3.23 billion, or $1.40 per share. This compares with $4.91 billion, or $2.07 per share, in last year's third quarter.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.8% to $17.30 billion from $18.57 billion last year.

Citigroup Inc. earnings at a glance:

-Earnings (Q3): $3.23 Bln. vs. $4.91 Bln. last year.
-EPS (Q3): $1.40 vs. $2.07 last year.
-Analysts Estimate: $0.92
-Revenue (Q3): $17.30 Bln vs. $18.57 Bln last year.

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