Citigroup Inc. (NYSE:C) Quarterly Earnings Preview

• Anticipated earnings per share (EPS) is $1.21 with projected revenue of $19.39 billion.
• Wall Street analysts expect earnings growth, driven by strategic factors that could lead to an earnings beat.
• Key financial metrics include a P/E ratio of 18.29, price-to-sales ratio of 1.73, debt-to-equity ratio of 1.43, current ratio of 3.49, and an earnings yield of 5.47%.

Citigroup Inc. (NYSE:C) is a leading global bank offering a wide range of financial services, including consumer banking, corporate and investment banking, and wealth management. As it prepares to release its quarterly earnings on January 15, 2025, analysts are keenly observing the company's performance. The anticipated earnings per share (EPS) is $1.21, with projected revenue of $19.39 billion.

Wall Street analysts expect Citigroup to show earnings growth, as highlighted by Zacks Investment Research. This optimism is based on the company's strategic factors that could lead to an earnings beat. Investors are closely monitoring these developments, as the earnings report could significantly influence Citigroup's stock performance.

Citigroup's financial metrics provide a deeper understanding of its market position. With a price-to-earnings (P/E) ratio of 18.29, investors are paying $18.29 for every dollar of earnings. The price-to-sales ratio of 1.73 indicates that investors are willing to pay $1.73 for each dollar of sales, reflecting confidence in the company's revenue generation.

The company's financial leverage is evident in its debt-to-equity ratio of 1.43, meaning it uses $1.43 in debt for every dollar of equity. This ratio helps assess Citigroup's financial risk and stability. Additionally, the current ratio of 3.49 suggests a strong ability to meet short-term liabilities, indicating robust liquidity.

Citigroup's earnings yield of 5.47% offers insight into the return on investment for shareholders. This figure, the inverse of the P/E ratio, shows the percentage of each dollar invested that was earned by the company. As Citigroup gears up for its earnings release, these financial metrics will be crucial for investors and analysts in evaluating its performance.