Investing.com - HSBC ADR reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
HSBC ADR announced earnings per share of $0.85 on revenue of $12.2B. Analysts polled by Investing.com anticipated EPS of $0.6883 on revenue of $11.9B.
HSBC ADR shares are up 14% from the beginning of the year and are trading at $30.02 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 17.23% from the start of the year.
HSBC ADR follows other major Financial sector earnings this month
HSBC ADR's report follows an earnings beat by JPMorgan on Wednesday, October 13, 2021, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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