How Will Citizens Financial (CFG) Stock React to Q2 Earnings?

Citizens Financial (CFG) is scheduled to post its 2016 second quarter results before Thursday’s market open.
By Kaya Yurieff ,

NEW YORK (TheStreet) -- Shares of Citizens Financial Group (CFG) - Get Report are advancing 0.97% to $21.24 Wednesday afternoon ahead of the firm's 2016 second quarter results, due out before tomorrow's opening bell.

Analysts are modeling that earnings per share and revenue will rise year-over-year.

Wall Street is expecting the Providence, RI-based retail bank holding company to post earnings of 44 cents per share on revenue of $1.26 billion.

During the same period last year, Citizens Financial earned 35 cents per diluted share on revenue of $1.2 billion.

Separately, TheStreet Ratings Team has a "Hold" rating with a score of C on the stock.

The primary factors that have impacted the rating are mixed. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income.

But the team also finds that the stock has had a generally disappointing performance in the past year.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: CFG

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