Investing.com - Citigroup (NYSE:C) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Citigroup announced earnings per share of $3.62 on revenue of $19.33B. Analysts polled by Investing.com anticipated EPS of $2.52 on revenue of $18.67B.
Citigroup shares are up 18% from the beginning of the year and are trading at $74.25 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 8.43% from the start of the year.
Citigroup shares gained 1.84% in pre-market trade the report.
Citigroup follows other major Financial sector earnings this month
Citigroup's report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.06 on revenue of $30.46B.
UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.20B, compared to forecast for EPS of $4.38 on revenue of $69.03B.
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