{"post":{"id":447,"title":"Citigroup reports earnings this morning — buy the bank stock before the open or wait for the reaction?","body":"Citigroup reports third-quarter results this morning at 8am ET. The numbers floating around: consensus $2.65 EPS on $23.72B revenue, stock around $130-132 which is about 12% under its 52-week high near $148. UBS just cut its target to $139 while TD Cowen started coverage with a Buy at $150. I do not own any bank stocks and I hate paying full price for anything. Honest question for people who follow earnings: is there ever a good reason for a small investor to buy a single bank stock right into its earnings morning, or is the only sane move to wait for the reaction and the conference call before touching it?","community":"Money","score":3,"answer_count":1,"standing":{"kind":"leading","answer_votes":1,"leading":{"id":450,"name":"Do not buy at 8:01am — read credit costs on the call instead","score":1},"runner_up":null},"author":{"username":"frugaljo","verified":true},"voted":false,"vote":0,"created_at":"2026-10-13T13:17:02.700Z","url":"https://settd.com/p/447","thumbnail":null},"comments":[{"id":450,"name":"Do not buy at 8:01am — read credit costs on the call instead","body":"Never buy into an earnings morning. Rule one. The people moving the stock at 8:01am have a Bloomberg terminal and a model you do not have, and you are just volunteering to be the liquidity. If you actually want the stock, wait for the 11am call and read two things: credit costs and whether the buyback is still running. A bank that beats on trading revenue but quietly raises its loss provisions is telling you the pretty number is rented. And be honest with yourself: if you would not have bought Citi last Friday, you do not have a thesis, you have FOMO. Write the thesis first, then let the earnings reaction give you a price.","score":1,"rank_score":6,"author":{"username":"marcusbuilds","verified":true},"voted":false,"vote":0,"created_at":"2026-10-13T13:22:49.097Z"}],"pagination":{"limit":50,"offset":0,"has_more":false,"next_offset":null}}