LIVE: Citi To Announce Earnings
REUTERS/ Keith Bedford
Citigroup is expected to report second quarter earnings results at 8 a.m. EST.According to analysts polled by Bloomberg, the bank is expected to post adjusted EPS of $1.06. Revenue for the quarter is expected to come in at $18.81 billion, data compiled by Bloomberg shows.
The stock is up just over 1% in the pre-market. The bank said it agreed to a $7 billion settlement over an investigation related to the firm's mortgage practices.