Investing.com - Futu reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Futu announced earnings per share of HK$5.30 on revenue of HK$1.95B. Analysts polled by Investing.com anticipated EPS of HK$4.59 on revenue of HK$1.7B.
Futu shares are up 16% from the beginning of the year and are trading at HK$50.62 , down-from-52-week-high.
Futu follows other major Financial sector earnings this month
Futu's report follows an earnings missed by Berkshire Hathaway A on November 5, who reported EPS of HK$-1,832 on revenue of HK$76.9B, compared to forecasts EPS of HK$4,518.39 on revenue of HK$74.9B.
S&P Global had beat expectations on October 27 with third quarter EPS of HK$2.93 on revenue of HK$2.86B, compared to forecast for EPS of HK$2.81 on revenue of HK$2.93B.
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