Citi Posts Best Q3 Revenue in a Decade — SkimNews
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- Citigroup posted its best Q3 revenue in a decade, with Yahoo Finance's live updates showing the stock rising on the results.
- Citi profit topped estimates on higher investment banking, services, and wealth revenue, though a separate Yahoo Finance headline noted the stock slipped 4% despite the earnings beat.
Why it matters: A decade-best revenue print signals Citi's three core engines — investment banking, services, and wealth — are firing together, but the conflicting Yahoo Finance headlines (stock rising in live updates, then slipping 4% despite the beat) show traders read something in the report beyond the headline number that warrants attention.
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