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Citigroup: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Citigroup Inc. (C) on Tuesday reported first-quarter profit of $5.79 billion.

The New York-based company said it had earnings of $3.06 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.64 per share.

The U.S. bank posted revenue of $44.41 billion in the period. Its revenue net of interest expense was $24.63 billion, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $23.72 billion.

Citigroup shares have climbed 8% since the beginning of the year, while the S&P’s 500 index has increased almost 1%. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on C at https://www.zacks.com/ap/C

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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