Investing.com – Citigroup (NYSE:) Thursday’s first quarter report showed revenue exceeding expectations and forecasts that were exceeded by analysts.

Citigroup reported earnings per share at $2.02 for revenue $19.19B. Investing.com polled analysts and predicted EPS at $1.51 for $18.32B in revenue.

Citigroup shares fell 16% over the first of the year. This is still down 37.54% from Citigroup’s 52-week peak of $80.29, which was set June 2, 2021. They are under-performing the S&P 500 which is down 6.71% from the start of the year.

After the report, Citigroup shares gained 2.89% in pre-market trading.

Citigroup reports on other Financial sector earnings in this month’s financial sector.

Citigroup’s earnings report comes after JPMorgan reported an earnings miss on Wednesday. JPMorgan reported EPS at $2.63 per share on $30.72B in revenue, while Citigroup forecasts an EPS of $2.7 for $30.63B.

Industrial Commercial Bank of China exceeded expectations March 30, with first quarterEPS of $0.7567 based on revenue of $35.21B. This compares to the forecast of EPS of $0.5946 based on revenue of $30.96B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar