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Citizens Financial Group, Inc. Profit Advances In Q3, Beats estimates

Citizens Financial Group, Inc. (CFG) announced earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $611 million, or $1.23 per share. This compares with $504 million, or $1.18 per share, in last year's third quarter.

Analysts on average had expected the company to earn $1.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 31.3% to $2.18 billion from $1.66 billion last year.

Citizens Financial Group, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $611 Mln. vs. $504 Mln. last year.
-EPS (Q3): $1.23 vs. $1.18 last year.
-Analyst Estimate: $1.22
-Revenue (Q3): $2.18 Bln vs. $1.66 Bln last year.

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