Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.
Citi analysts updated their stance on shares of Northern Oil and Gas (NYSE:NOG), increasing the price target from $50.00 to $55.00, while reiterating a Buy rating. The firm's analysis incorporated revised earnings estimates,
Citigroup is set to report its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell. Here are some of the key metrics to watch and what analysts are expecting from the bank, according to LSEG: Earnings per share: $1.22
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ estimates of $2.7 billion. The New York-based investment bank posted per-share earnings of $2.
Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines.
Goldman beat EPS expectations by a wide margin, with Q4 results 45.6% above the FactSet consensus. That was the biggest EPS beat since the Q4 of last year, when EPS of $5.48 was 51.4% above the FactSet consensus of $3.
Citigroup swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Shares jumped more than 4% Wednesday morning. Some highlights from its fourth ...
Citi analyst Nicholas Joseph reaffirmed a Buy rating on ProLogis (NYSE:PLD) shares, maintaining a $150.00 price target. According to InvestingPro data, PLD currently trades at $113.95, with analysts' targets ranging from $104 to $150,
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.