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 Citigroup Inc.'s (NYSE:C) reshuffled management team will have a lot of questions to answer when the bank's second-quarter earnings are announced on July 17.At the moment it's not clear if former CFO Edward "Ned" Kelly or new CFO John Gerspach will be leading the earnings call. The latest C-suite management changes highlight the uncertainties still surrounding the bank in spite of the operating revenue stability that the government's bailouts have brought, according to DealBook. Regardless of who announces the second-quarter results, the bank is likely to have had a more profitable quarter than its last, aided by increasing revenues from investment banking, mortgage and private banking business lines. But what could really hurt earnings is Citi's large exposure in the credit card business. The current analyst consensus estimates for revenues are between $22 billion and $24 billion, but the range of losses analysts are predicting is wide. The Street.com says Citi's second-quarter loss per share could range from a nickel per share to a whopping 76 cents per share. Barclays Capital analyst Jason Goldberg told Reuters he widened his second-quarter loss for Citigroup to 25 cents a share from 15 cents a share. He also thinks that Citicorp will be profitable, while Citi Holdings will post an operating loss. The FDIC's special assessment fee could also hurt Citigroup's results by 10 cents a share. IStockAnalyst forecasts revenues of $23.33 billion and EPS of 24 cents. That's a 25% increase in revenues from last year's $18.65 billion. - Maria Woehr Also see: Goldman Sachs earnings preview Crittenden departs in big Citigroup restructure Why did Citi shuffle management?Also see: Bank of America earnings preview J.P. Morgan Chase & Co. earnings preview
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