US Stock Market Move | Revenue in Q4 of 2024 exceeded expectations, Citigroup (C.US) rose over 5% in pre-market trading.

On Wednesday, Citigroup's US stocks rose more than 5% in pre-market trading to $77.53. Citigroup Group announced that its revenue in the fourth quarter of 2024 was $19.6 billion, an increase of 12% year-on-year, market expectations were $19.42 billion; net profit was $2.9 billion, compared to a net loss of $1.8 billion in the same period last year. For the full year of 2024, Citigroup Group's revenue was $81.1 billion, an increase of 3% year-on-year; net profit was $12.7 billion, an increase of 37% year-on-year.