RTTNews | Jan 19, 2022 06:27AM EST

06:26 Wednesday, January 19, 2022 (RTTNews.com) - Citizens Financial Group, Inc. (CFG) announced a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $498 million, or $1.17 per share. This compares with $424 million, or $0.99 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.6% to $1.72 billion from $1.71 billion last year.

Citizens Financial Group, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $498 Mln. vs. $424 Mln. last year.-EPS (Q4): $1.17 vs. $0.99 last year.-Analyst Estimate: $1.13-Revenue (Q4): $1.72 Bln vs. $1.71 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3255861/citizens-financial-group-inc-bottom-line-advances-in-q4-beats-estimates.aspx)

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