Citigroup Beats Q4 Forecasts, Backs Shareholder Return Plans

Citigroup (C) reported strong results for the fourth quarter Tuesday and said a $22 billion charge won't change how much money it plans to pay out to shareholders.

Estimates: EPS to rise 4.4% to $1.19 as revenue grows 0.5% to $17.09 billion, according to Zacks Investment Research.

Results: EPS of $1.28, excluding a charge of $8.43 a share related to the tax law, on revenue of $17.3 billion. Global consumer banking revenue grew 6% to $8.4 billion. International clients group revenue dipped...

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