HSBC (HSBC) to Release Earnings on Wednesday

HSBC (NYSE:HSBC) will likely be announcing its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $1.41 per share and revenue of $13.79 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

HSBC Stock Down 0.2 %

Shares of NYSE HSBC opened at $55.08 on Tuesday. HSBC has a 12-month low of $36.93 and a 12-month high of $55.36. The stock 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. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $50.47 and a 200 day moving average of $46.65.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft cut 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.