Citigroup Reports Results, Shares Slip Premarket

Citigroup (NYSE:C) reported Q1 EPS of $0.95, vs. estimates of $1.02.Revenues in the quarter came in at $19.41 billion, which includes CVA/DVA adjustment of $1.3 billion, and $477 million net gain on minority interest.The company’s Q1 EPS and revenues, excluding CVA/DVA, was $1.11 on revenues of $20.2 billion.The company reported tangible book value of $50.90 per share vs. $49.81 quarter-over-quarter.

FX_Trdr