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

NYSE:CFG opened at $43.24 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $20,808.78, a P/E ratio of 16.76, a PEG ratio of 0.71 and a beta of 1.41. Citizens Financial Group has a 12 month low of $31.51 and a 12 month high of $48.23.



A number of research firms recently commented on CFG. Citigroup decreased their target price on Citizens Financial Group from $50.00 to $48.00 and set a “neutral” rating on the stock in a research report on Monday. Zacks Investment Research downgraded Citizens Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, March 23rd. Deutsche Bank upgraded Citizens Financial Group from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research report on Tuesday, April 3rd. Sanford C. Bernstein set a $52.00 target price on Citizens Financial Group and gave the stock a “buy” rating in a research report on Monday, January 22nd. Finally, ValuEngine upgraded Citizens Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $42.64.

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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)

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