Citizens Financial Group CFG announces its next round of earnings this Friday, October 16. Here is Benzinga's everything-that-matters guide for this Friday's Q3 earnings announcement.
Earnings and Revenue
Wall Street analysts see Citizens Financial Group reporting earnings of $0.74 per share on revenue of $1.73 billion. Citizens Financial Group EPS in the same period a year ago totaled $0.98. Revenue was $1.64 billion. The analyst consensus estimate would represent a 24.49% decrease in the company's earnings. Sales would be up 5.62% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.38 | 0.95 | 0.96 |
| EPS Actual | 0.53 | 0.03 | 0.98 | 0.98 |
| Revenue Estimate | 1.68 B | 1.61 B | 1.63 B | 1.63 B |
| Revenue Actual | 1.75 B | 1.66 B | 1.64 B | 1.64 B |
Stock Performance
Shares of Citizens Financial Group were trading at $27.57 as of October 14. Over the last 52-week period, shares are down 22.34%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Citizens Financial Group is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/rbs/mediaframe/40898/indexr.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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