Citigroup Beats Q2 Earnings Estimates
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[Asia Economy Reporter Kim Suhwan] Global financial firm Citigroup announced its second-quarter earnings for this year on the 14th (local time), surpassing expectations.
According to Citigroup's announcement, it posted revenue of $17.47 billion (approximately 20 trillion KRW) in the second quarter. This figure exceeds the market forecast of $17.2 billion (approximately 19.78 trillion KRW).
Additionally, Citigroup reported an operating profit of $6.193 billion (approximately 7 trillion KRW) for the second quarter.
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The resulting earnings per share were $2.85. Previously, experts had predicted earnings per share of $1.96, but the actual earnings surpassed this estimate.
This content was produced with the assistance of AI translation services.
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