Citigroup(NYSE:C) stock rose by 2.1% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Citigroup beat their estimated earnings by 27.98%, which surprised analysts.
Revenue was up $148,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.89, which was followed by a 0.41% increase in the share price the next day.
Here's a look at Citigroup's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 1.68 | 1.96 | 2.60 | 1.34 | 0.92 |
| EPS Actual | 2.15 | 2.85 | 3.62 | 2.08 | 1.40 |
| Price Change % | 2.1% | 0.41% | -0.12% | -6.93% | -1.49% |
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