Citigroup’s Q3 2024 Earnings: What to Expect

Citigroup Inc. (C), headquartered in New York, is a diversified financial service holding company that provides various financial product and services to consumers, corporations, governments, and institutions. With a market cap of $118 billion, the company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services. The leading global bank is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Tuesday, Oct. 15.

Ahead of the event, analysts expect C to report a profit of $1.38 per share on a diluted basis, down 9.2% from $1.52 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.