Citigroup Earnings Estimate

C Stock

USD 47.22 0.98 2.12%

Many public companies, such as Citigroup, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Citigroup's earnings estimates, investors can diagnose different trends across Citigroup's analyst sentiment over time as well as compare current estimates against different timeframes.

Citigroup is projected to generate 1.59 in earnings per share on the 30th of June 2023. Citigroup earnings estimates module stress-tests analyst consensus about projected Citigroup EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.

The current year's Gross Profit is expected to grow to about 75.3 B. The current year's Profit Margin is expected to grow to 0.20

Profit Margin Gross Margin

Citigroup Earnings Estimation Breakdown

The calculation of earning per share of Citigroup is based on the official Zacks consensus of 10 analysts regarding Citigroup's future annual earnings. Given the historical accuracy of 80.59%, Citigroup's future earnings per share of Citigroup is estimated to be 1.59 with the lowest and highest values of 1.36 and 1.81, respectively. Please note that this consensus of annual earnings estimates for Citigroup is an estimate of EPS before non-recurring items and includes employee stock options expenses

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Current EPS 7.52

1.36

Lowest

Expected EPS 1.59

1.81

Highest

Citigroup Earnings Projection Consensus

Suppose the current estimates of Citigroup's value are higher than the current market price of the Citigroup stock. In this case, investors may conclude that Citigroup is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Citigroup's stock will quickly adjusts to the new information provided by the consensus estimate.

Number of Analysts	Historical Accuracy	Current EPS	EPS Estimate for 30th of June 2023
10	80.59%	7.52	1.59

Citigroup Earnings History

Earnings estimate consensus by Citigroup analysts from Wall Street is used by the market to judge Citigroup's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Citigroup's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Citigroup Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

7.25 Billion

Citigroup Price to Earnings Ratio are projected to drop based on the last few years of reporting. The past year's Price to Earnings Ratio were at 6.42. The current year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 25.5 B, whereas Accumulated Retained Earnings Deficit are forecasted to decline to about 187.2 B. Citigroup Weighted Average Shares Diluted is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 1.96 Billion.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Citigroup's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Citigroup in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
45.08	47.33	49.58

Details

Intrinsic

Valuation

Low	Real	High
42.53	51.17	53.42

Details

18 Analysts

Consensus

Low	Target	High
45.00	55.57	80.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Citigroup. Your research has to be compared to or analyzed against Citigroup's peers to derive any actionable benefits. When done correctly, Citigroup's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Citigroup.

Note that many institutional investors and large investment bankers can move markets due to the volume of Citigroup assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Citigroup. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Citigroup's stock price in the short term.

Citigroup Earnings per Share Projection vs Actual

Actual Earning per Share of Citigroup refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Citigroup predict the company's earnings will be in the future. The higher the earnings per share of Citigroup, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Citigroup Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Citigroup, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Citigroup should always be considered in relation to other companies to make a more educated investment decision.

Citigroup Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Citigroup's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2023-04-14	2023-03-31	1.67	1.86	0.19	11
2023-01-13	2022-12-31	1.14	1.1	-0.04	3
2022-10-14	2022-09-30	1.42	1.5	0.08	5
2022-07-15	2022-06-30	1.68	2.3	0.62	36
2022-04-14	2022-03-31	1.55	2.31	0.76	49
2022-01-14	2021-12-31	1.38	1.46	0.08	5
2021-10-14	2021-09-30	1.65	2.15	0.5	30
2021-07-14	2021-06-30	1.96	2.63	0.67	34
2021-04-15	2021-03-31	2.6	3.62	1.02	39
2021-01-15	2020-12-31	1.34	2.08	0.74	55
2020-10-13	2020-09-30	0.93	1.55	0.62	66
2020-07-14	2020-06-30	0.28	0.5	0.22	78
2020-04-15	2020-03-31	1.04	1.05	0.01	0
2020-01-14	2019-12-31	1.84	2.15	0.31	16
2019-10-15	2019-09-30	1.95	1.99	0.04	2
2019-07-15	2019-06-30	1.8	1.83	0.03	1
2019-04-15	2019-03-31	1.8	1.87	0.07	3
2019-01-14	2018-12-31	1.55	1.61	0.06	3
2018-10-12	2018-09-30	1.69	1.73	0.04	2
2018-07-13	2018-06-30	1.56	1.63	0.07	4
2018-04-13	2018-03-31	1.61	1.68	0.07	4
2018-01-16	2017-12-31	1.19	1.28	0.09	7
2017-10-12	2017-09-30	1.32	1.42	0.1	7
2017-07-14	2017-06-30	1.21	1.28	0.07	5
2017-04-13	2017-03-31	1.24	1.35	0.11	8
2017-01-18	2016-12-31	1.12	1.14	0.02	1
2016-10-14	2016-09-30	1.16	1.24	0.08	6
2016-07-15	2016-06-30	1.1	1.24	0.14	12
2016-04-15	2016-03-31	1.03	1.1	0.07	6
2016-01-15	2015-12-31	1.05	1.06	0.01	0
2015-10-15	2015-09-30	1.28	1.31	0.03	2
2015-07-16	2015-06-30	1.34	1.45	0.11	8
2015-04-02	2015-03-31	1.39	1.52	0.13	9
2015-01-15	2014-12-31	0.09	0.06	-0.03	33
2014-10-14	2014-09-30	1.12	1.15	0.03	2
2014-07-14	2014-06-30	1.05	1.24	0.19	18
2014-04-14	2014-03-31	1.14	1.3	0.16	14
2014-01-16	2013-12-31	0.95	0.82	-0.13	13
2013-10-15	2013-09-30	1.04	1.02	-0.02	1
2013-07-15	2013-06-30	1.17	1.25	0.08	6
2013-04-15	2013-03-31	1.17	1.29	0.12	10
2013-01-17	2012-12-31	0.96	0.69	-0.27	28
2012-10-15	2012-09-30	0.96	1.06	0.1	10
2012-07-16	2012-06-30	0.89	1	0.11	12
2012-04-16	2012-03-31	1	1.11	0.11	11
2012-01-17	2011-12-31	0.49	0.38	-0.11	22
2011-10-17	2011-09-30	0.81	1.23	0.42	51
2011-07-15	2011-06-30	0.96	1.09	0.13	13
2011-04-18	2011-03-31	0.92	1	0.08	8
2011-01-18	2010-12-31	0.77	0.4	-0.37	48
2010-10-18	2010-09-30	0.57	0.7	0.13	22
2010-07-16	2010-06-30	0.48	0.9	0.42	87
2010-04-19	2010-03-31	-0.03	1.5	1.53	5100
2010-01-19	2009-12-31	-3.26	-3.3	-0.04	1
2009-10-15	2009-09-30	-3.83	-2.7	1.13	29
2009-07-17	2009-06-30	-3.72	4.9	8.62	231
2009-04-17	2009-03-31	-3.42	-1.8	1.62	47
2009-01-16	2008-12-31	-13.14	-24.4	-11.26	85
2008-10-16	2008-09-30	-7.01	-6	1.01	14
2008-07-18	2008-06-30	-6.58	-5.4	1.18	17
2008-04-18	2008-03-31	-9.48	-10.2	-0.72	7
2008-01-15	2007-12-31	-10.32	-19.9	-9.58	92
2007-10-15	2007-09-30	4.37	4.4	0.03	0
2007-07-20	2007-06-30	11.32	12.4	1.08	9
2007-04-16	2007-03-31	10.93	10.1	-0.83	7
2007-01-19	2006-12-31	10.03	10.3	0.27	2
2006-10-19	2006-09-30	10.31	10.6	0.29	2
2006-07-17	2006-06-30	10.57	10.5	-0.07	0
2006-04-17	2006-03-31	10.23	11.1	0.87	8
2006-01-20	2005-12-31	9.99	9.8	-0.19	1
2005-10-17	2005-09-30	9.93	9.7	-0.23	2
2005-07-18	2005-06-30	10.18	9.7	-0.48	4
2005-04-15	2005-03-31	10.22	10.4	0.18	1
2005-01-20	2004-12-31	10.13	10.2	0.07	0
2004-10-14	2004-09-30	9.89	10.2	0.31	3
2004-07-15	2004-06-30	9.74	10.2	0.46	4
2004-04-15	2004-03-31	9.45	9.8	0.35	3
2004-01-20	2003-12-31	8.96	9.1	0.14	1
2003-10-20	2003-09-30	8.48	9	0.52	6
2003-07-14	2003-06-30	8.01	8.3	0.29	3
2003-04-14	2003-03-31	7.75	7.9	0.15	1
2003-01-21	2002-12-31	4.59	4.7	0.11	2
2002-10-15	2002-09-30	7.29	7.4	0.11	1
2002-07-17	2002-06-30	7.71	7.5	-0.21	2
2002-04-15	2002-03-31	7.77	6.7	-1.07	13
2002-01-17	2001-12-31	7.27	7.4	0.13	1
2001-10-17	2001-09-30	6.34	6.3	-0.04	0
2001-07-16	2001-06-30	7.34	7.4	0.06	0
2001-04-16	2001-03-31	7.04	7.1	0.06	0
2001-01-16	2000-12-31	6.64	6.5	-0.14	2
2000-10-17	2000-09-30	6.5	6.7	0.2	3
2000-07-19	2000-06-30	6.2	6.53	0.33	5
2000-04-17	2000-03-31	5.85	8.03	2.18	37
2000-01-18	1999-12-31	5.24	5.63	0.39	7
1999-10-18	1999-09-30	5.11	5.25	0.14	2
1999-07-19	1999-06-30	4.87	5.33	0.46	9
1999-04-19	1999-03-31	4.35	5.3	0.95	21
1999-01-25	1998-12-31	2.78	3	0.22	7
1998-10-21	1998-09-30	1.43	1.5	0.07	4
1998-07-20	1998-06-30	3.84	4	0.16	4
1998-04-20	1998-03-31	3.79	4.2	0.41	10
1998-01-26	1997-12-31	2.9	3	0.1	3
1997-10-13	1997-09-30	3.36	3.73	0.37	11
1997-07-15	1997-06-30	3.13	3.3	0.17	5
1997-04-13	1997-03-31	3.06	3.17	0.11	3
1996-12-31	1996-12-31	None	3.3617	None	0
1996-09-30	1996-09-30	None	3.0881	None	0
1996-06-30	1996-06-30	None	3.0252	None	0
1996-03-31	1996-03-31	None	2.7185	None	0

About Citigroup Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Citigroup earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Citigroup estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Citigroup fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'

Please read more on our stock advisor page.

	Last Reported	Projected for 2023
Accumulated Retained Earnings Deficit	194.7 B	187.2 B
Earning Before Interest and Taxes EBIT	18.5 B	21.2 B
Earnings per Basic Share	7.04	6.49
Earnings per Diluted Share	7.00	6.46
Price to Earnings Ratio	6.42	6.92
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	22.7 B	25.5 B
Earnings before Tax	18.5 B	21.2 B

Citigroup Investors Sentiment

The influence of Citigroup's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Citigroup. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Citigroup's public news can be used to forecast risks associated with an investment in Citigroup. The trend in average sentiment can be used to explain how an investor holding Citigroup can time the market purely based on public headlines and social activities around Citigroup. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Citigroup's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Citigroup's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Citigroup's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Citigroup.

Citigroup Implied Volatility

36.16

Citigroup's implied volatility exposes the market's sentiment of Citigroup stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Citigroup's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Citigroup stock will not fluctuate a lot when Citigroup's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Citigroup in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Citigroup's short interest history, or implied volatility extrapolated from Citigroup options trading.

Pair Trading with Citigroup

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Citigroup position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Citigroup will appreciate offsetting losses from the drop in the long position's value.

Moving together with Citigroup Stock

+	0.81	CM	Canadian Imperial Bank	Fiscal Quarter End 31st of July 2023	Pair Corr
+	0.79	RY	Royal Bank	Fiscal Quarter End 31st of July 2023	Pair Corr
+	0.85	TD	Toronto Dominion Bank	Fiscal Quarter End 31st of July 2023	Pair Corr

The ability to find closely correlated positions to Citigroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citigroup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Citigroup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Citigroup to buy it.

The correlation of Citigroup is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Citigroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citigroup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Citigroup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide. Note that the Citigroup information on this page should be used as a complementary analysis to other Citigroup's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Citigroup Stock analysis

When running Citigroup's price analysis, check to measure Citigroup's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Citigroup is operating at the current time. Most of Citigroup's value examination focuses on studying past and present price action to predict the probability of Citigroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citigroup's price. Additionally, you may evaluate how the addition of Citigroup to your portfolios can decrease your overall portfolio volatility.

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Is Citigroup's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citigroup. If investors know Citigroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citigroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.087

Dividend Share

2.04

Earnings Share

7.52

Revenue Per Share

36.79

Quarterly Revenue Growth

0.042

The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citigroup's market value can be influenced by many factors that don't directly affect Citigroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Citigroup Earnings Estimate

Citigroup Earnings Estimation Breakdown

Citigroup Earnings Projection Consensus

Citigroup Earnings History

Citigroup Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

7.25 Billion

Citigroup Earnings per Share Projection vs Actual

Citigroup Estimated Earnings per Share

Citigroup Quarterly Analyst Estimates and Surprise Metrics

About Citigroup Earnings Estimate

Citigroup Investors Sentiment

Citigroup Implied Volatility

Pair Trading with Citigroup

Moving together with Citigroup Stock

Complementary Tools for Citigroup Stock analysis

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