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Sunday, 05/30/2021 11:11:49 PM

Sunday, May 30, 2021 11:11:49 PM

Post# of 12367
Citigroup (C) Expected to Announce Quarterly Sales of $17.79 Billion
By: MarketBeat | May 30, 2021

Wall Street analysts expect that Citigroup Inc. (NYSE:C) will post sales of $17.79 billion for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Citigroup's earnings, with estimates ranging from $17.55 billion to $18.02 billion. Citigroup reported sales of $19.77 billion in the same quarter last year, which indicates a negative year over year growth rate of 10%. The business is expected to report its next earnings results on Tuesday, July 13th.

On average, analysts expect that Citigroup will report full-year sales of $71.44 billion for the current year, with estimates ranging from $70.26 billion to $72.11 billion. For the next financial year, analysts anticipate that the business will report sales of $72.08 billion, with estimates ranging from $70.45 billion to $74.24 billion. Zacks' sales averages are a mean average based on a survey of sell-side analysts that cover Citigroup.

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