Coming Week: Only Four Trading Days Starting with Apple and Citigroup
Next week the market is closed on Monday (Jan 17th) and get ready for more of earnings season, we hear from Apple Inc. (NASDAQ:AAPL), Bank of America (NYSE:BAC), and on Tuesday prepare for Citigroup's (NYSE:C) Q4 2010 call at the open.
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Citigroup (C) starts off next week's trading session with its Q4 2010 earnings release, they will report before the market opens. Citi is expected to report EPS of $0.08 on revs of $20.50 billion. Last quarter Citigroup reported EPS of $0.08 with revenues of $20.74 billion, mixed to the consensus estimates. Keep in mind Citi procured a loss per share of 6 cents, ex-items, with revs of $11.7 billion. Citigroup shares held the $5 level today and closed at $5.13, up 1.79%.
Apple (NASDAQ:AAPL) shares closed today at a new 52-Week high of $348.48, they also report on Tuesday and expectations are high. The Street is looking for Apple Inc. to rake in $24.34 billion in revenue in Q4. If you listen to Goldman Sachs (GS), which we do, keep in mind the firm has a "Buy" rating on Apple (AAPL) shares along with a $430 price target.
More on the week ahead thanks to CNBC.com: