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Citizens Financial Group, Inc. (CFG) released a profit for third quarter that decreased from last year.


RTTNews | Oct 16, 2020 06:34AM EDT

06:33 Friday, October 16, 2020 (RTTNews.com) - Citizens Financial Group, Inc. (CFG) released a profit for third quarter that decreased from last year.

The company's bottom line totaled $289 million, or $0.68 per share. This compares with $432 million, or $0.97 per share, in last year's third quarter.

Analysts had expected the company to earn $0.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.1% to $1.79 billion from $1.64 billion last year.

Citizens Financial Group, Inc. earnings at a glance:

-Earnings (Q3): $289 Mln. vs. $432 Mln. last year.-EPS (Q3): $0.68 vs. $0.97 last year.-Analysts Estimate: $0.74-Revenue (Q3): $1.79 Bln vs. $1.64 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3136767/citizens-financial-group-inc-q3-earnings-fall.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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