As banks adapt to a changing economic landscape, Citigroup’s upcoming earnings report highlights a broader trend of renewed investor confidence in financial institutions. With anticipated earnings growth and a solid dividend yield, Citigroup is positioning itself as an attractive option for income-seeking investors.

Citigroup Inc. (NYSE:C) will release earnings results for the second quarter, before the opening bell on Tuesday, July 15.

Analysts expect the company to report quarterly earnings at $1.63 per share, up from $1.52 per share in the year-ago period. Citigroup projects to report quarterly revenue of $20.83 billion, compared to $20.14 billion a year earlier, according to data from Benzinga Pro.

On Wednesday, Truist Securities analyst John McDonald maintained a Buy rating for Citigroup and raised the price target from $84 to $93.

With the recent buzz around Citigroup, some investors may be eyeing potential gains from …

Full story available on Benzinga.com

As banks adapt to a changing economic landscape, Citigroup’s upcoming earnings report highlights a broader trend of renewed investor confidence in financial institutions. With anticipated earnings growth and a solid dividend yield, Citigroup is positioning itself as an attractive option for income-seeking investors.

Citigroup Inc. (NYSE:C) will release earnings results for the second quarter, before the opening bell on Tuesday, July 15.

Analysts expect the company to report quarterly earnings at $1.63 per share, up from $1.52 per share in the year-ago period. Citigroup projects to report quarterly revenue of $20.83 billion, compared to $20.14 billion a year earlier, according to data from Benzinga Pro.

On Wednesday, Truist Securities analyst John McDonald maintained a Buy rating for Citigroup and raised the price target from $84 to $93.

With the recent buzz around Citigroup, some investors may be eyeing potential gains from …

Full story available on Benzinga.com

 As banks adapt to a changing economic landscape, Citigroup’s upcoming earnings report highlights a broader trend of renewed investor confidence in financial institutions. With anticipated earnings growth and a solid dividend yield, Citigroup is positioning itself as an attractive option for income-seeking investors.
Citigroup Inc. (NYSE:C) will release earnings results for the second quarter, before the opening bell on Tuesday, July 15.
Analysts expect the company to report quarterly earnings at $1.63 per share, up from $1.52 per share in the year-ago period. Citigroup projects to report quarterly revenue of $20.83 billion, compared to $20.14 billion a year earlier, according to data from Benzinga Pro.
On Wednesday, Truist Securities analyst John McDonald maintained a Buy rating for Citigroup and raised the price target from $84 to $93.
With the recent buzz around Citigroup, some investors may be eyeing potential gains from …Full story available on Benzinga.com   Read MoreC, Earnings, Long Ideas, News, Dividends, Markets, Trading Ideas, C, US1729674242, Long Ideas, News, Earnings, Dividends, Markets, Trading Ideas, Benzinga Markets