HSBC (HSBC) to Release Earnings on Wednesday

HSBC (NYSE:HSBC) is projected to post its quarterly earnings results 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. Individual interested in listening to the company’s earnings conference call can do so using this link.

HSBC Price Performance

NYSE HSBC opened at $55.08 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 0.96. The firm’s 50 day moving average price is $50.47 and its 200-day moving average price is $46.65. HSBC has a 52-week low of $36.93 and a 52-week high of $55.36. The company has a market cap of $197.26 billion, a PE ratio of 9.10, a P/E/G ratio of 1.41 and a beta of 0.54.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of HSBC from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd.

About HSBC

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.