Is Citigroup (C) Poised for a Rebound After Earnings?
Citigroup (C), the third-biggest U.S. bank by assets, will publish its first-quarter earnings on April 12. C has undergone an overhaul with several key restructuring initiatives across its business over the past year. Is the bank poised for rebound post-earnings? Read on to learn my view.
Citigroup Inc. (C) is set to unveil its first-quarter results on April 12. Wall Street anticipates a year-over-year decline in the bank’s earnings and revenue. With C’s results expected shortly, I have discussed why waiting for an opportune entry point in the stock could be wise.