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16.10.2024 12:26:48
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Citizens Financial Group, Inc. Q3 Profit Drops, Misses Estimates
(RTTNews) - Citizens Financial Group, Inc. (CFG) released earnings for third quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $344 million, or $0.77 per share. This compares with $400 million, or $0.85 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 5.6% to $1.901 billion from $2.014 billion last year.
Citizens Financial Group, Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $344 Mln. vs. $400 Mln. last year. -EPS (Q3): $0.77 vs. $0.85 last year. -Revenue (Q3): $1.901 Bln vs. $2.014 Bln last year.
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| Citizens Financial Group Inc | 40.79 | -1.15% |
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