Posted by: database April 17, 2009
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Did I read something wrong?Did citi post profit for this quarter?
No doubt ,citi did post better result than analyst estimates
Citigroup's quarterly loss available to common shareholders narrowed to $966 million, or 18 cents per share, from $5.19 billion, or $1.03, a year earlier. Revenue roughly doubled to $24.79 billion.
Analysts on average had expected a loss of 30 cents per share on revenue of $21.73 billion, according to Reuters Estimates.