Here's what to expect from Citigroup's third-quarter earnings report

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Friday's report is the first major update since Citigroup announced a new corporate structure in September.

Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.is set to report its third-quarter results on Friday morning, where investors will be looking for updates on CEO Jane Fraser's reorganization plans at the New York-based bank.

Here's what Wall Street analysts are expecting, according to a survey of analysts by LSEG, formerly known as Refinitiv.Citigroup's stock was down 8% for the year entering Friday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Citigroup Reports Earnings Friday. What to Expect.Analysts surveyed by FactSet expect the bank's profit will fall 28% from the year-ago quarter to $2.5 billion.
Source: MarketWatch - 🏆 3. / 97 Read more »

Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a ClueJPMorgan, Wells Fargo and Citigroup are set to kick off third-quarter bank results Friday
Source: WSJ - 🏆 98. / 63 Read more »

Here's what to expect from Citigroup's third-quarter earnings reportFriday’s report is the first major update since Citigroup announced a new corporate structure in September.
Source: nbcchicago - 🏆 545. / 51 Read more »