Citizens Financial Group Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
17 Jan

* Citizens Financial Group Inc reported quarterly adjusted earnings of 83 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of twenty analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 77 cents to 89 cents per share.

* Revenue fell 0.1% to $1.99 billion from a year ago; analysts expected $1.96 billion.

* Citizens Financial Group Inc's reported EPS for the quarter was 83 cents​.

* The company reported quarterly net income of $367 million.

* Citizens Financial Group Inc shares had risen by 6.9% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

* In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Citizens Financial Group Inc is $52.00 This summary was machine generated from LSEG data January 17 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2024 0.83 0.83 Met

Sep. 30 2024 0.79 0.77 Missed

Jun. 30 2024 0.79 0.78 Missed

Mar. 31 2024 0.74 0.65 Missed

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