With immediate threats to survivability plainly in the rearview mirror, and capital ratios comfortably higher than what regulators are likely to require, Citigroup Inc. is finding that earnings-per-share performance matters again.

When the company on Tuesday reported a fourth-quarter profit of 4 cents a share, versus the 8-cent average forecast of Wall Street analysts, investors moved quickly in pre-market trading to knock the stock back below the $5 threshold it had crossed just last week.

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