Here comes Citi ... (C)

Here comes Citi ... (C)
REUTERS/Ueslei Marcelino
Citigroup is set to report fourth-quarter earnings results Monday at around 8 am.
Analysts are expecting the bank to report adjusted earnings per share of $1.55, up 29% from last year.
Here's what else analysts are expecting:

Revenue: $17.6 billion, up 1.8% from last year.

Adjusted net income: $3.7 billion, up 4.3% from last year.

Trading: Equities performance has been strong, but overall trading is expected to take a dip amid the market route at the end of the year, and loss of as much as $180 million on a loan to an Asian hedge fund.

Investment banking: CFO John Gerspach also guided in December that investment banking fees would likely dip slightly compared with last year.

Efficiency target: Given the trading and banking woes, Gerspach said Citi may fall short of its operating efficiency target of a 100 basis point improvement.

ValueAct: Citi announced on Friday an agreement to provide more intel and board access to the activist hedge fund. Are more management changes afoot?
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