Shares of Citigroup Inc. C are trending lower in Thursdays extended session following the company announcement of adjusted third quarter financial results.
Citigroup announced it is adjusting downward its third quarter 2014 financial results, from those reported on October 14, 2014, due to a $600 million increase in legal accruals.
Citigroup reported third quarter EPS of $1.15/share on revenues of $19.98 billion; beating` both top and bottom line estimates.
Shares of Citigroup recently traded at $52.06 down 2 percent in Thursday’s after hours session.
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