Citigroup Earnings Disappoint, Shares Dip

Citigroup Inc (NYSE:C) released its earnings report for the three months ended September 30 this morning before the market opened on Wall Street. The firm showed earnings of $1.02 per share for the quarter on revenue of $18.62 billion. Shares in the company were trading down more than 1% in pre-market after the announcement of the result.

Analysts following the bank were looking for earnings of $1.08 per share for the third quarter of the year. Revenue is expected to come in at $18.9 billion for the same period. In the same three months of 2012 Citigroup...