Citigroup Prepares for Q4 Earnings Release

Citigroup Inc. (NYSE:C) is set to announce its fourth-quarter financial results on Wednesday, January 15, before the market opens.

Analysts are anticipating a robust performance, with expectations for Citigroup to report earnings of $1.21 per share. This marks a notable increase from the $0.84 per share reported during the same quarter last year. Additionally, Citigroup is expected to generate quarterly revenue of approximately $19.42 billion, which is up from $17.44 billion a year earlier, as per the data gathered from Benzinga Pro.

As of Tuesday, Citigroup shares experienced a 1.3% uptick, closing at $73.68.

For those interested in recent analysts' perspectives on Citigroup, they can access the latest ratings through various financial platforms that sort by stock ticker, analyst firm, rating change, and more.

Recent Analyst Ratings for Citigroup

Below is a summary of how some of the most accurate analysts have positioned Citigroup recently:

• B of A Securities analyst Ebrahim Poonawala has kept a Buy rating on Citigroup, raising his price target from $90 to $95 as of January 7, 2025. Poonawala holds an accuracy rate of 66%.
• Keefe, Bruyette & Woods analyst David Konrad has maintained an Outperform rating, adjusting his price target up from $82 to $85 on January 3, 2025, with an accuracy rate of 72%.
• Oppenheimer analyst Chris Kotowski has also kept an Outperform rating but reduced his price target from $110 to $102 as of January 3, 2025, boasting an accuracy rate of 86%.
• Goldman Sachs analyst Richard Ramsden has maintained a Buy rating, increasing his price target from $72 to $81 on December 6, 2024, with a 69% accuracy rate.
• Piper Sandler analyst Scott Siefers has an Overweight rating and raised his price target from $73 to $80 as of December 3, 2024, holding an accuracy rate of 69%.

What Analysts Are Saying About Citigroup Stock

If you are considering investing in Citigroup stock, it is essential to look at what analysts are projecting. Their forecasts provide insight into the expected performance of the stock following the upcoming earnings announcement.

Read This Next:

• Bank of New York Mellon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Citigroup, Earnings, Analysts