Citigroup (C) - Get Citigroup Inc. Report, the largest U.S. financial services company, beat Wall Street's estimates this morning by two cents when it reported earnings of 67 cents a share for the third quarter.
Citigroup said it earned $3.09 billion during the quarter, up from $2.44 billion in the year-ago quarter.
Analysts had been expecting the company to report earnings of 65 cents a share according to
First Call/Thomson Financial
. Yesterday, Citigroup's shares closed at $50.81.