What to Expect From Citigroup's Next Quarterly Earnings Report
Citigroup Inc. is set to release its fiscal fourth-quarter earnings for 2025 on Wednesday, January 14. The global financial giant, with a market capitalisation of $201.9 billion, has seen its stock surge by 65.6% over the past year, outperforming both the S&P 500 and the Financial Select Sector SPDR Fund (XLF).
The company has consistently beaten Wall Street’s earnings forecasts, exceeding expectations in each of the last four quarters. In the third quarter, Citigroup reported earnings per share (EPS) of $2.24, surpassing consensus estimates by 17.3%. Revenue, after accounting for interest expenses, also grew by around 9% year-over-year, beating projections by 4.5%.
Analysts remain optimistic about the bank’s performance. For the current fiscal year, they predict a profit of $7.93 per share, marking a 33.3% increase from the previous year. For the upcoming quarter, expectations stand at $1.77 per share, a 32.1% rise compared to the same period last year. Wall Street currently holds a 'Moderate Buy' rating on Citigroup’s stock, with an average price target of $117.09. However, the specific analyst or group behind the highest target has not been publicly identified.
Citigroup’s strong earnings track record and significant stock growth reflect its robust financial position. The upcoming earnings report will provide further insight into whether the bank can maintain its upward momentum in 2025.
