Citizens Financial Group (CFG) Set to Announce Quarterly Earnings on Friday

Citizens Financial Group (NYSE:CFG) is scheduled to announce its earnings results on Friday, April 20th.

Citizens Financial Group (NYSE:CFG) last issued its quarterly earnings data on Friday, January 19th. The bank reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. Citizens Financial Group had a net margin of 25.60% and a return on equity of 6.73%. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same period last year, the company posted $0.55 EPS. The business’s revenue was up 8.9% on a year-over-year basis. On average, analysts expect Citizens Financial Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

Shares of NYSE:CFG opened at $41.03 on Thursday. Citizens Financial Group has a 52 week low of $31.51 and a 52 week high of $48.23. The firm has a market capitalization of $20,647.96, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 0.71 and a beta of 1.41. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.96 and a quick ratio of 0.96.

A number of equities analysts have commented on CFG shares. ValuEngine raised shares of Citizens Financial Group from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Sanford C. Bernstein set a $52.00 price objective on shares of Citizens Financial Group and gave the stock a “buy” rating in a research note on Monday, January 22nd. Deutsche Bank upgraded shares of Citizens Financial Group from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Tuesday, April 3rd. Barclays raised their target price on shares of Citizens Financial Group from $41.00 to $49.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 2nd. Finally, Zacks Investment Research lowered shares of Citizens Financial Group from a “buy” rating to a “hold” rating in a report on Friday, March 23rd. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $42.64.

COPYRIGHT VIOLATION NOTICE: “Citizens Financial Group (CFG) Set to Announce Quarterly Earnings on Friday” was originally posted by Week Herald and is the property of of Week Herald. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://weekherald.com/2018/04/19/citizens-financial-group-cfg-set-to-announce-quarterly-earnings-on-friday.html.

About Citizens Financial Group

Citizens Financial Group, Inc operates as the bank holding company for Citizens Bank, National Association and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.

Earnings History for Citizens Financial Group (NYSE:CFG)

Receive News & Ratings for Citizens Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citizens Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply