Mark your calendars for Wednesday 16th October 2024, as Citizens Financial Group (NYSE: CFG) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
Wall Street financial analysts are foreseeing that the enterprise is likely to announce an estimated per share $0.79 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $1.94 billion during the quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $7.83 billion. Additionally, they are expecting the company to report profit of $3.09 per share for the full year 2024.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.89. Moreover, the company achieved a remarkable total revenue of $2.01 billion during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.82 | -21.2% | 1.96 B | -6.3% |
| Q1 2024 | $0.79 | -28.2% | 1.96 B | -7.9% |
| Q4 2023 | $0.85 | -35.6% | 1.99 B | -9.6% |
| Q3 2023 | $0.89 | -31.5% | 2.01 B | -7.5% |
| Q2 2023 | $1.04 | -8.8% | 2.09 B | +4.8% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 16th October 2024 at 09:00 AM eastern time to discuss Q3 financial results.
During Monday's trading, Citizens Financial Group (CFG) shares reached a low of $42.30 and a high of $43.36, along with a total volume of 4.09 million shares. The stock ended the regular trading session at $43.27, indicating a rise of 1.55 percent.
