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Economics
Business

BlackRock and Citigroup Beat Earnings Estimates in Q3

Authors
  • Investing.com
  • *Walter Bloomberg
  • FinancialJuice

4 posts ChatGPT (GPT-3)

Updated

BlackRock reported third-quarter earnings per share of $10.91, surpassing the estimated $8.55, while revenue came in at $4.52 billion, slightly below the estimated $4.61 billion. Citigroup also exceeded expectations with earnings per share of $1.52, compared to the estimated $1.24, and revenue of $20.10 billion, higher than the estimated $19.22 billion. Citigroup's investment banking revenue reached $844 million, surpassing the estimated $662.8 million. Both companies demonstrated strong financial performance in the third quarter.

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    Investing.com
    Investing.comTwitter verified badge
    @Investingcom

    ⚠️BREAKING: *CITIGROUP 3Q EARNINGS PER SHARE $1.52, EST. $1.24 *CITIGROUP 3Q REV. $20.10B, EST. $19.22B https://t.co/jSWvSNZU6j $C https://t.co/XT82yGL6kU

    Citi $C reported earnings this morning EPS of $1.63 beating expectations of $1.22 Revenue of $20.1B beating expectations of $19.3B

    FinancialJuice
    FinancialJuiceTwitter verified badge
    @financialjuice

    🔴 $C CITI Q3 2023 EARNINGS EPS $1.63, EST. $1.22 REV $20.14B, EST. $19.26B FICC SALES & TRADING REV $3.56B, EST. $3.25B INVESTMENT BANKING REV. $844M, EST. $662.8M EQUITIES SALES & TRADING REV $918M, EST. $964M TOTAL LOANS $666B, EST. $661.31B TOTAL DEPOSITS $1.27T OPERATING… https://t.co/i1JMcITUwy