Get ready to mark your calendars because the much anticipated second quarter financial results of Futu Holdings (NASDAQ: FUTU) are set to be unveiled on Tuesday 20th August 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.
The financial experts on Wall Street are predicting that the concern will likely report an estimated $1.03 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $363.87 million revenue during the quarter.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $1.09. Additionally, the company achieved a total revenue of $317.1 million during that specific period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $1.39 billion. They also believe the company will reach about profit of $4.56 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $1.03 | -10.4% | 331.27 M | +4.0% |
| Q4 2023 | $0.88 | -4.3% | 303.84 M | +3.9% |
| Q3 2023 | $1.06 | +47.2% | 338.46 M | +36.6% |
| Q2 2023 | $1.09 | +78.7% | 317.10 M | +42.5% |
*Growth on year-over-year basis
In addition, The firm will review the second quarter financial results on 20th August 2024 at 07:30 AM eastern time, in a conference call with public.
Futu Holdings (FUTU) shares experienced a range of $60.92 to $62.40 on a day volume of 979.20 thousand shares. The stock closed Friday's regular trading session at $61.51, marking a 0.05 percent rise.