Mark your calendars for Tuesday 29th October 2024, as HSBC Holdings plc (NYSE: HSBC) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
During the same quarter of the previous year, the company made public its income of $1.45 per share, which were derived from a quarterly revenue of $16.16 billion.
Wall street analysts expect the company to generate a total revenue of $65.51 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $1.26 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.70 | 0% | 16.54 B | -1.0% |
| Q1 2024 | $1.70 | -34.6% | 20.75 B | +2.9% |
| Q4 2023 | $1.25 | +8.7% | 13.02 B | -12.5% |
| Q3 2023 | $1.45 | +190.0% | 16.16 B | +39.1% |
| Q2 2023 | $1.70 | +25.9% | 16.71 B | +30.8% |
| *Growth on year-over-year basis | ||||
HSBC Holdings plc (HSBC) shares experienced a range of $44.33 to $44.91 on a day volume of 940.30 thousand shares. The stock closed Friday's regular trading session at $44.36, reflecting a 0.31 percent drop.
