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Why Is Citigroup (C) Up 21.2% Since Last Earnings Report?

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It has been about a month since the last earnings report for Citigroup (C - Free Report) . Shares have added about 21.2% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Citigroup due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended downward during the past month.

VGM Scores

Currently, Citigroup has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Citigroup has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Citigroup is part of the Zacks Financial - Investment Bank industry. Over the past month, Wells Fargo (WFC - Free Report) , a stock from the same industry, has gained 19.2%. The company reported its results for the quarter ended March 2025 more than a month ago.

Wells Fargo reported revenues of $20.15 billion in the last reported quarter, representing a year-over-year change of -3.4%. EPS of $1.27 for the same period compares with $1.26 a year ago.

Wells Fargo is expected to post earnings of $1.42 per share for the current quarter, representing a year-over-year change of +6.8%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.4%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Wells Fargo. Also, the stock has a VGM Score of F.


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