HSBC (NYSE:HSBC - Get Free Report) is projected to post its Q4 2024 earnings data before the market opens on Wednesday, February 19th. Analysts expect HSBC to post earnings of $1.41 per share and revenue of $13.79 billion for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
HSBC (NYSE:HSBC - Get Free Report) last posted its earnings results on Wednesday, February 19th. The financial services provider reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. HSBC had a return on equity of 10.71% and a net margin of 15.70%. On average, analysts expect HSBC to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
HSBC Price Performance
HSBC stock traded up $0.09 during mid-day trading on Wednesday, reaching $56.97. 2,559,341 shares of the company's stock traded hands, compared to its average volume of 1,498,236. HSBC has a 12-month low of $36.93 and a 12-month high of $57.08. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.52. The stock has a 50 day moving average of $50.96 and a two-hundred day moving average of $46.91. The company has a market cap of $204.04 billion, a price-to-earnings ratio of 9.42, a PEG ratio of 1.46 and a beta of 0.54.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft downgraded shares of HSBC from a "buy" rating to a "hold" rating in a report on Monday, February 3rd.
Read Our Latest Research Report on HSBC
HSBC Company Profile
(
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HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.
Further Reading
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