In the latest trading session, Citigroup (C) closed at $103.60, up 1.07% from the previous day, outperforming the S&P 500. Citigroup’s shares have increased by 2.28% over the last month, surpassing the Finance sector and the S&P 500.
The upcoming earnings release of Citigroup is anticipated to show a 33.58% rise in EPS and a 7.58% increase in revenue compared to the previous year. Analysts have adjusted estimates, indicating positive business outlook. Citigroup is currently a Zacks Rank #3 (Hold).
Citigroup is currently trading at a discount with a Forward P/E ratio of 13.48, lower than the industry average. The Financial – Investment Bank industry has an average PEG ratio of 1.08. The industry ranks in the top 11% of all industries.
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Read more at Nasdaq: Citigroup (C) Outpaces Stock Market Gains: What You Should Know
