Citigroup Inc. (C) revealed a profit for fourth quarter that Decreased from last year but beat the Street estimates.
The company's bottom line totaled $2.47 billion, or $1.19 per share. This compares with $2.85 billion, or $1.34 per share, last year.
Excluding items, Citigroup Inc. reported adjusted earnings of $3.59 billion or $1.81 per share for the period.
Analysts on average had expected the company to earn $1.62 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.1% to $19.87 billion from $19.46 billion last year.
Citigroup Inc. earnings at a glance (GAAP) :
-Earnings: $2.47 Bln. vs. $2.85 Bln. last year.-EPS: $1.19 vs. $1.34 last year.-Revenue: $19.87 Bln vs. $19.46 Bln last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.