Citigroup Inc. said on Monday that it earned $2.93 billion, or 95 cents a share in the first quarter, including $1.3 billion of negative impact for credit value adjustments and related costs, as well as a $477 million gain from minority investments
Excluding the special items, the company said it earned $1.11 a share, up 7% from a year ago
Revenue during the quarter at Citi, including the special items, was $19.4 billion
Excluding the items, revenue was up 1% from a year ago, to $20.2 billion, the company said
Analysts polled by FactSet Research had expected the firm to report earnings of $1.01 a share, on revenue of $19.93 billion in the quarter
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