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Citigroup Inc. (C) Q2 Earnings Preview

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HFA Staff
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Citigroup Inc. (NYSE:C) is a global diversified financial-services holding company. The company has a market capitalization of $151.02 billion. Citigroup Inc. (NYSE:C) expected to report FY 2013 second-quarter EPS of $1.17 on revenue of $19.76 billion, compared with a profit of $1.00 a share on revenue of $18.64 billion in the year-ago period. Citigroup is trading at around $49.63 a share. So far this year, the stock has gained 25.5 percent.

Credit Suisse Group AG (NYSE:CS) expect  the  capital markets sensitive banks to fare a bit better than the regional players given some  support  from  improved core  trading  and  IB  results.  In  addition, mortgage banking revenues should hold up this quarter, although there is a concern about the inevitable...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.