Investing.com - Citigroup (NYSE:C) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.97 on revenue of $18.57B. Analysts polled by Investing.com expected EPS of $1.95 on revenue of $18.52B. That compared to EPS of $1.73 on revenue of $18.39B in the same period a year earlier. The company had reported EPS of $1.95 on revenue of $18.76B in the previous quarter.
Citigroup shares lost 0.34% to trade at $70.00 in pre-market trade following the report.
Citigroup follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.46B.
UnitedHealth earnings beat analysts' expectations on Tuesday, with third quarter EPS of $3.88 on revenue of $60.35B. Investing.com analysts expected EPS of $3.75 on revenue of $59.75B
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