Citigroup Struts Its Stuff
Company's first-quarter earnings show why it's the industry leader.
Citigroup (C) may find it tough--if not impossible--to repeat its dazzling first-quarter earnings performance, but investors still have good reason to buy and hold these shares. The innovative company hinted Monday that it has a few tricks up its sleeve.
Citigoup's earnings per share jumped 51% to $1.04 from the year-earlier period, beating Wall Street's consensus estimate by $0.26.
Laura Pavlenko Lutton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.