Company news: Citigroup (C) quarterly results beat analysts’ projections

Citigroup (C) reported Q1 FY2023 earnings of $2.19 per share (versus $2.02 per share in Q1 FY2022), beating analysts’ consensus estimate of $1.68 per share.

The company’s quarterly revenues amounted to $21.400 bln (+11.5% y/y), beating analysts’ consensus estimate of $20.069 bln.

С rose to $48.45 (+2.43%) in pre-market trading.