In the latest trading session, Citigroup (C) closed at $131.26, marking a +1.68% move from the previous day. This move outpaced the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.45%, while the tech-heavy Nasdaq added 0.03%.
The U.S. bank's stock has climbed by 2.75% in the past month, exceeding the Finance sector's gain of 0.68% and lagging the S&P 500's gain of 5.25%.
The investment community will be paying close attention to the earnings performance of Citigroup in its upcoming release. The company is slated to reveal its earnings on July 14, 2026. The company's upcoming EPS is projected at $2.59, signifying a 32.14% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $23.15 billion, up 6.84% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.68 per share and revenue of $92.9 billion. These totals would mark changes of +34% and +9.01%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Citigroup. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.3% upward. Right now, Citigroup possesses a Zacks Rank of #2 (Buy).
With respect to valuation, Citigroup is currently being traded at a Forward P/E ratio of 12.09. For comparison, its industry has an average Forward P/E of 12.79, which means Citigroup is trading at a discount to the group.
It is also worth noting that C currently has a PEG ratio of 0.58. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 0.9.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 151, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Citigroup Inc. (C): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).