Citigroup Q4 Earnings Miss Expectations, Posts Lower Profits On Provision Hike, Slower Dealmaking
Citigroup Inc’s (NYSE:C) Q4 FY22 net income decreased by more than 21% from a year ago to $2.5 billion. Revenues…
Nasdaq, S&P Futures Narrowly Mixed As New-Found Optimism Tempers Ahead Of Big Bank Earnings, Consumer Sentiment Data
US stocks look set to start Friday’s session on a nervous note as the recent gains introduce caution amid traders. The trading direction could also hinge on the earnings reports from big banks and the results of the University of Michigan's consumer sentiment survey.
Earnings Scheduled For January 13, 2023
Companies Reporting Before The Bell
• Citigroup (NYSE:C) is expected to report quarterly earnings at $1.14 per share on revenue of $17.90 billion.
Bank of America, JPMorgan And 3 Stocks To Watch Heading Into Friday
With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
Fear & Greed Index Moves To ‘Greed’ Zone Following Inflation Report
The CNN Money Fear and Greed index moved to the "Greed" zone following the release of US inflation data.
US stocks closed higher on Thursday after consumer price data showed inflation cooling in December, increasing prospects that the US Federal Reserve might slow interest rate increases.
Big Banks Report Q4 Earnings Friday: Will JPMorgan, BofA, Citigroup, Wells Fargo Balance Sheets Foreshadow Recession?
The outlook for the American economy has been largely gloomy in recent months due to rising interest rates, weak consumer spending, and inflation reaching a four-decade high. Most economists predict some kind of recession in 2023.
Citigroup To Report Earnings On Friday; Here’s A Look At Recent Price Target Changes By The Most Accurate Analysts
Citigroup Inc. (NYSE: C) is expected to report results for its latest quarter on Friday, January 13, 2023.
Analysts expect the bank to report quarterly earnings of $1.17 per share on revenue of $17.93 billion.