** Shares of Citigroup C.N up ~1% on Tues ahead of Q4 report due out before market open on Weds
** Wall Street sees C posting adj EPS of $1.22 vs $0.84 in year-ago quarter on rev of $19.49 bln vs $17.44 bln year-ago according to latest estimates gathered by LSEG
** In last 8 quarters rev met or beat expectations 7 times with 6.9% miss in Q4 2023 while EPS beat Street 7 times with 3.8% miss in Q4 2022
** U.S. banks in general seen reporting stronger Q4 earnings on robust dealmaking, trading. Other reports due Weds premarket: JPMorgan JPM.N, Goldman Sachs GS.N, Wells Fargo WFC.N
** Citi shares last traded at $73.56 vs median PT of $85. LSEG shows 23 analyst ratings, and breakdown is 5 'strong buy,' 14 'buy' and 4 'hold'
** Wells Fargo analysts wrote Jan 3 that Citi stock could double in value over next three years as profits surge, expenses moderate, and reorganization improves management accountability
** YTD, Citi shares up ~4.5%, including move on Tues, after rising nearly 37% in 2024. In comparison, the S&P 500 bank index .SPXBK up ~3% YTD after 34% rise in 2024
(Reporting By Sinéad Carew)
((sinead.carew@thomsonreuters.com; +13322191897;))