Citigroup Inc (C) Earnings Preview: Mortgages Underwater

Citigroup Inc. (NYSE:C) will release its earnings report for the quarter ended September 30 on Tuesday morning. The company's earnings are expected to be relatively flat, though analysts are tentatively optimistic after the numbers released by two of the other big consumer banks, JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo Company (NYSE:WFC) last week.

Analysts are expecting Citigroup Inc. (NYSE:C) to announce earnings of $1.08 per share for the third quarter of the year. In the same period of 2012 Citigroup earned $1.06 per share. Revenue is expected to come in at $18.9...