Stock Market Watch

Citigroup posted a better-than-expected bottom line

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Citigroup Inc. (NYSE:C). Last Market Price: 28.54, Change: +0.14, % Change: (0.49%). Shares trade in the range of 28.33 – 29.49 dollars. It has a market capitalization of 83.28B dollars, making it a Large Cap Stock and has 2.92B outstanding shares. The company has a beta of 2.55, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 3.29; P/E of 8.67. It operates in Financial sector and belongs to Money Center Banks industry. Percentage shares held by institutional investors is 61%. The company has a 52 week high of $ 51.50 and a 52 week low of $ 21.40. Average volumes of shares traded daily are 53,760,000. Volume traded in the last session was at 31,090,000, 0.58 times the average volume.

  • Reports Q3 (September)
    • EPS of $0.84
    • Revenues rose 0.4% year/year to $20.83 billion

For Q2 (Jun ’11), It had a Net profit margin of 16.16%, an Operating margin of 20.85%. Other Key stats and ratios are : Return on average assets of 0.68%, Return on average equity of 7.40%. The organization has an employee strength of 263,000

Consensus Recommendation is a Outperform.


Estimate for sales for the Quarter Ending Dec-11 show a mean of 19,324.90 million dollars, an estimate high of 21,142.00 million dollars and an estimate low of 17,636.80 million dollars. A year ago the figures stood at 24,261.00 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 20,398.20 million dollars, an estimate high of 21,478.00 million dollars and an estimate low of 19,506.00 million dollars. A year ago the figures stood at 25,014.00 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.89 dollars, an estimate high of 1.12 dollars and an estimate low of 0.70 dollars. A year ago the figures stood at 1.05 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 1.10 dollars, an estimate high of 1.30 dollars and an estimate low of 0.97 dollars. A year ago the figures stood at 1.35 dollars.

Sales for Quarter Ending Jun-11 was estimated at 19,886.30 million dollars, however the actual sales figure stood at 20,622.00 million dollars, 735.69 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 20,546.20 million dollars, however the actual sales figure stood at 19,726.00 million dollars, 820.2 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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