Home / Business and Economy / Citigroup Stock Surges: Earnings Ahead
Citigroup Stock Surges: Earnings Ahead
10 Oct
Summary
- Citigroup's stock rose 1.22% in the latest session.
- Analysts expect $2.66 earnings per share on Oct 13, 2026.
- The bank's Forward P/E ratio is 11.45, below industry average.
Citigroup's stock experienced a positive turn in its latest trading session, closing up 1.22% at $129.64. This daily gain outpaced the S&P 500's 0.6% increase. However, preceding this recent upturn, the U.S. bank's shares had seen a decline of 7.52% over a prior period, underperforming both the Finance sector and the S&P 500.
Attention is now focused on Citigroup's upcoming earnings report, scheduled for October 13, 2026. Analysts project earnings of $2.66 per share, indicating a significant year-over-year growth of 18.75%. Revenue is also expected to rise by 7.11% to $23.66 billion. For the full year, estimates point to earnings of $11.19 per share and revenue of $95.51 billion.
Recent analyst estimate revisions are being closely watched as indicators of near-term business trends and potential stock movements. Citigroup currently holds a Zacks Rank of #3 (Hold), with its Zacks Consensus EPS estimate having shifted downward by 0.14% over the past month. The bank's Forward P/E ratio stands at 11.45, presenting a discount when compared to the industry's average of 13.08. Additionally, its PEG ratio of 0.57 is notably lower than the Financial - Investment Bank industry's average of 0.87.
