Citi Stock Jumps After Bank Swings to Profit
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.
Citi maintains Buy on ProLogis stock, reiterates $150 target
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,
American Airlines’ weaker-than-expected guidance ‘not as negative’ as it appeared, says analyst
American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Citigroup is slated to report fourth quarter earnings before the bell
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
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
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.
Morgan Stanley Profit More Than Doubles in First Year Under CEO Pick
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 Kick Q4 Earnings Season Off With A Bang As CEO Sentiment Improves
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's EPS beat was big, but not as big as last year
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.
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Citi Stock Jumps After Bank Swings to Profit
On a per-share basis, Citi earned $1.34. Analysts polled by FactSet forecasted $1.22. Revenue rose 12% to $19.6 billion. Citi scaled back a performance target for 2026. It expects return on ...
American Airlines Q4 EPS Beats Esitmates
American Airlines Group reported solid earnings growth that topped estimates, but guidance for Q1 2025 disappointed Wall Street.
Financial stocks show volatility after six straight days of gain
The financial sector stocks today showed volatility in their share price movements after consistent gains made in connection with the earnings season and the second Trump administration.