Citigroup Inc. (NYSE:C) Earnings Preview and Financial Highlights
Summary
Citigroup (NYSE:C) is set to announce Q2 2025 earnings on July 15, with analysts projecting EPS of $1.63 and revenue of $20.83 billion, both up year-over-year. Morgan Stanley's Betsy Graseck raised her price target to $103, indicating a 16.02% upside. The company recently redeemed $650 million in floating rate notes, showcasing strategic financial management. Investors are keenly awaiting the earnings report for insights into future performance.
Citigroup Inc. (NYSE:C) Q2 2025 Earnings Preview: Analyst Optimism Amidst Strategic Financial Moves
NEW YORK, NY – July 7, 2025 – Citigroup Inc. (NYSE:C), a prominent global financial services institution, is poised to release its second-quarter 2025 earnings on July 15, 2025. Market analysts are closely watching, with projections indicating a notable increase in both earnings per share (EPS) and revenue, signaling potential continued growth for the banking giant.
Key Financial Projections for Q2 2025
Analysts are forecasting a robust performance for Citigroup in the upcoming earnings report:
- Earnings Per Share (EPS): Projected at $1.63, an increase from $1.57 recorded in the same period last year.
- Revenue: Expected to reach $20.83 billion, up from $20.14 billion year-over-year.
These figures suggest a healthy trajectory for Citigroup's core operations, reflecting strength in its diverse banking and financial product offerings.
Analyst Outlook and Price Target Update
Adding to the positive sentiment, Morgan Stanley's highly-regarded analyst, Betsy Graseck, has reiterated an optimistic stance on Citigroup's stock. Graseck has maintained an 'Overweight' rating and significantly raised her price target for C shares from $94 to $103. This new target implies a potential upside of 16.02% from the stock's recent trading price of $88.78.
Graseck's revised target underscores confidence in Citigroup's fundamentals and future prospects. The stock recently saw a 2.3% increase, closing at $88.72, reflecting positive market reception to recent developments and analyst endorsements.
Recent Financial Activities and Market Performance
Citigroup has been actively managing its financial position, including a strategic $650 million redemption of floating rate notes due in 2026. This move highlights the company's proactive approach to balance sheet optimization and capital management.
On the trading front, Citigroup's shares have experienced intraday fluctuations between $87.97 and $88.83. The company currently commands a substantial market capitalization of approximately $164.52 billion, with a daily trading volume of 3,354,834 shares.
Over the past year, Citigroup's stock has demonstrated significant volatility, trading within a range of $53.51 to $88.85. Despite a slight intraday dip of 0.72% ($0.64) to $88.09, the overall performance, coupled with the anticipated strong earnings report, positions Citigroup as a focal point for investors. The upcoming earnings release and subsequent strategic announcements are expected to be key drivers for future price movements, with investors keenly awaiting further insights into the company's financial health and strategic direction.