How Should You Play Citigroup Stock After It Beats on Q3 Earnings?
Citi(C) ZACKS·2024-10-23 02:00
Citigroup, Inc. (C) had an impressive performance in the third quarter of 2024 as earnings and revenues topped the Zacks Consensus Estimate. This was mainly driven by solid growth in investment banking (IB) revenues. Along with the strong quarterly results, the company’s business-transforming initiatives focused on core operations are encouraging. Given this, many investors may be tempted to buy the stock. However, the pertinent question arises whether now is the right time to invest., It is important to de ...