A Sneak Peek At HSBC Holdings plc ($HSBC) 3Q20 Earnings

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HSBC Holdings plc (NYSE:HSBC) is set to announce third quarter earning results on Tuesday 27th October 2020, after market close.

Previous Quarter Performance

HSBC Holdings plc announced income for the second quarter of $ 0.01 per share, from the revenue of $ 13,059.00 million.

Stock Performance

Shares of HSBC Holdings plc traded up $ 0.71 or 3.52 percent on Friday, reaching $ 20.88 with volume of 5.13 million shares. HSBC Holdings plc has traded high as $ 21.04 and has cracked $ 20.75 on the downward trend

According to the previous trading day, closing price of $ 20.88, representing a 12.37 % increase from the 52 week low of $ 17.95 and a 48.77 % decrease over the 52 week high of $ 39.37.

The company has a market capital of $ 85.60 billion and is part of the Financial Services sector and Banks – Global industry.

HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products and services, mortgages and loans, credit cards, insurance and investment products, savings products, international services, and wealth solutions and financial planning services, as well as telephone, Internet, and mobile banking services.