Friday, July 17, 2015

Citigroup: Don't Fret Over Revenue Growth


Summary

  • Citigroup reported another solid quarter, with Q2'15 earnings easily beating analyst estimates.
  • Revenue remains weak for several prime reasons that investors should ignore.
  • Citigroup remain extremely cheap, and shareholders now get the benefit of large share buybacks.
   The Citigroup (NYSE:C) Q2'15 earnings were solidly better than the market expected, yet the commentary wants to focus on the lack of revenue growth. With the large financial busy focusing on efficiency improvements and winding down underperforming, investors need to realize what they've got.

 Read the full article on Seeking Alpha.



 Disclosure: Long C. Please read the disclaimer page for more details.

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