• GE pushes third-quarter earnings to October 30

    7 days ago - By Reuters

    General Electric Co said on Friday it has pushed back its third-quarter earnings release date to Oct. 30 to allow new Chief Executive Officer Larry Culp complete business reviews and site visits.
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  • JPMorgan Chase Defies the Market's Nervousness

    7 days ago - By Washington Post

    Third-quarter earnings were better than expected, but the trend lines are starting to move in the wrong direction.
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  • Citigroup profit rises to $4.6 billion, beats Street views

    7 days ago - By Chron

    NEW YORK - Citigroup Inc. says third-quarter net income rose to $4.62 billion from $4.13 billion a year ago.
    The bank, based in New York, said it had earnings of $1.73 per share. Earnings, adjusted to account for discontinued operations, were $1.74 per share.
    The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share. Citi earned $1.42 per share a year earlier.
    The bank posted revenue of $24.76 billion in the period. Its revenue net of interest expense was $18.39 billion, even with a year...
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  • Citigroup shares rise more than 2% after company reports better-than-expected earnings

    8 days ago - By CNBC

    Citigroup reported mixed results for the third quarter on Friday, with earnings topping estimates but revenue coming in light of expectations.
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  • Here comes Citi

    Here comes Citi

    8 days ago - By Business Insider

    Citigroup is set to announce third-quarter earnings results at about 8 a.m. Friday.
    Analysts are expecting the bank to report adjusted earnings of $1.68 per share, an 18% increase from last year.
    Here's what else analysts will be expecting and keeping an eye on:
    Revenue: $18.5 billion
    Net income: $4.1 billion
    Credit card improvement: The company's massive cards business has lagged expectations, and global head Jud Linville left in August. Analysts will be looking for signs that the business has turned the corner, including revenue growth and credit cost control.
    Trading revenues: Expected...
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  • Here comes Citi

    Here comes Citi

    8 days ago - By Business Insider

    Citigroup is set to announce third-quarter earnings results at about 8 a.m. Friday.
    Analysts are expecting the bank to report adjusted earnings of $1.68 per share, an 18% increase from last year.
    Here's what else analysts will be expecting and keeping an eye on:
    Revenue: $18.5 billion
    Net income: $4.1 billion
    Credit card improvement: The company's massive cards business has lagged expectations, and global head Jud Linville left in August. Analysts will be looking for signs that the business has turned the corner, including revenue growth and credit cost control.
    Trading revenues: Expected...
    Read more ...

     

  • JP Morgan is set to report third-quarter earnings - here's what the Street expects

    8 days ago - By CNBC

    The company is closely watched by investors looking for clues into how the industry's Wall Street and Main Street businesses fared in the quarter.
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