Seeking Alpha
Profile| Send Message| ()  

Citigroup Inc. (C) is scheduled to release last fiscal quarter's results before the opening bell on January 17, 2012.

Citigroup, Inc., a global financial services company, provides consumers, corporations, governments and institutions with a range of financial products and services. The company operates through two segments, Citicorp and Citi Holdings. The company was founded in 1812 and is based in New York, New York. Citi trades an average of 45.5 million shares per day.

52 Week High: $49.60

52 Week Low: $21.40

Book Value: $60.67

Float Short: 1.45%

On average, 16 analysts are expecting a drop of $-0.73 in earnings per share compared to last quarter's results of $1.23. Investors will be looking to top $0.50 per share, based on the estimated mean earnings.Analyst estimates range between $0.41 and $0.64 per share.

The current trailing twelve months P/E ratio is 8.4. The forward P/E ratio is 7.24. Citi has moved off recent lows to trade above the 60 and 90 day moving averages. Citi is still well below the highly watched 200 day moving average, but if investors hear some upside surprises in this tough economy we may see a breach of the 200MA.

The bottom line has rising earnings year-over-year of $10.60 billion for 2010 vs. $-1.61 billion for 2009.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Sep-11 $ 19.25 B $ 20.83 B $ 1.58 B 8.22%
Jun-11 $ 19.89 B $ 20.62 B $ 735.70 M 3.7%
Mar-11 $ 20.55 B $ 19.73 B $ -820.20 M -3.99%
Dec-10 $ 20.32 B $ 18.37 B $ -1952.50 M -9.61%
Sep-10 $ 21.08 B $ 20.74 B $ -341.70 M -1.62%

M = millions, B = billions

Differences are rounded. (Some one-time items are often excluded in reported EPS.)

paid2trade.com Quarterly Estimates And Actual EPS results C

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for C.

paid2trade.com short interest tool. The total short interest number of shares for C

The number of days to cover short interest based on average daily trading volume for C.

paid2trade.com number of days to cover short interest based on average daily trading volume for C

Wells Fargo & Company (WFC) is scheduled to release last fiscal quarter's results before the opening bell on January 17, 2012.

Wells Fargo, through its subsidiaries, provides retail, commercial and corporate banking services primarily in the United States. The company was founded in 1929 and is headquartered in San Francisco, California. WFC trades an average of 28.5 million shares per day.

52 Week High: $34.18

52 Week Low: $22.58

Book Value: $26.13

Float Short: 0.80%

According to EDGAR Online, on average, 20 analysts are expecting the same in earnings as the last quarter of $0.72. Investors will be looking to see a number north of $0.72 per share, based on the earnings estimates. Analyst estimates range between $0.66 and $0.76 per share.

The current trailing twelve months P/E ratio is 11. The forward P/E ratio is 9.25.

The bottom line has rising earnings year-over-year of $12.36 billion for 2010 vs. $12.28 billion for 2009.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Sep-11 $ 20.30 B $ 19.63 B $ -670.90 M -3.31%
Jun-11 $ 20.52 B $ 20.39 B $ -133.50 M -0.65%
Mar-11 $ 21.22 B $ 20.33 B $ -887.70 M -4.18%
Dec-10 $ 21.07 B $ 21.49 B $ 420.10 M 1.99%
Sep-10 $ 20.97 B $ 20.87 B $ -97.40 M -0.46%

M = millions, B = billions

Differences are rounded. (Some one-time items are often excluded in reported EPS.)

paid2trade.com Quarterly Estimates And Actual EPS results WFC

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for WFC.

paid2trade.com short interest tool. The total short interest number of shares for WFC

The number of days to cover short interest based on average daily trading volume for WFC.

paid2trade.com number of days to cover short interest based on average daily trading volume for WFC

Fulton Financial Corp. (FULT) is scheduled to release last fiscal quarter's results after the closing bell on January 17, 2012. Let's take a look at how Fulton Financial Corp. has done in recent quarters.

Fulton Financial Corporation operates as a multi-bank holding company that offers retail and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia. The company was founded in 1982 and is headquartered in Lancaster, Pennsylvania. FULT trades an average of 1.1 million shares per day.

52 Week High: $11.91

52 Week Low: $7.18

Book Value: $9.93

Float Short: 1.97%

Investors will be looking to top $0.2 per share, based on the estimated mean earnings. Analyst estimates range between $0.18 and $0.22 per share.

Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months P/E ratio is 14.8, while the forward P/E ratio is now 12.05. An upside earnings report may put a lot of wind in the sails.

The bottom line has rising earnings year-over-year of $128.33 million for 2010 vs. $73.92 million for 2009.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Sep-11 $ 149.13 M $ 145.49 M $ -3.64 M -2.44%
Jun-11 $ 144.89 M $ 144.64 M $ -0.25 M -0.17%
Mar-11 $ 143.15 M $ 143.53 M $ 0.38 M 0.27%
Dec-10 $ 143.07 M $ 144.74 M $ 1.67 M 1.17%
Sep-10 $ 144.48 M $ 144.06 M $ -0.42 M -0.29%

M = millions, B = billions

The total short interest number of shares for FULT.

paid2trade.com short interest tool. The total short interest number of shares for FULT

The number of days to cover short interest based on average daily trading volume for FULT.

paid2trade.com number of days to cover short interest based on average daily trading volume for FULT

Please also feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

Source: Earnings Preview: Banks Reporting On Tuesday

Additional disclosure: space between companies is being removed by the SA system.