How reliable are CIA's EPS forecasts historically?

Citizens (CIA) has shown variability in its earnings per share (EPS) performance, making it challenging to assess the reliability of its EPS forecasts historically. The most recent EPS estimate for CIA is $0.09, which is a significant decrease from the previous quarter's EPS of $0.34. This sharp decline suggests that CIA's earnings may be more volatile than previously anticipated. Furthermore, the bank's recent performance has not met market expectations, with Q3 earnings and revenues missing estimates. This recent underperformance, combined with the significant decrease in EPS, indicates that CIA's EPS forecasts may not be reliable in the near term. However, it's important to note that the bank's shares have shown strength, with a 5.9% increase and a higher-than-average trading volume. This positive momentum could suggest that CIA's underlying business is performing better than expected. Investors should consider these mixed signals and monitor the bank's future earnings reports to better gauge the reliability of its EPS forecasts.