Quartz·1 min read·easy
Citigroup's profit surged as record stock-trading revenue beat every analyst estimate
✦AI Summary
Citigroup reported a strong second quarter with net income reaching $5.8 billion, driven by a 45% surge in equities trading revenue. The results exceeded analyst expectations across the board.
Net income rose to $5.8 billion, or $3.15 per share, topping all 20 analyst estimates as equities trading revenue climbed 45%
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