Investing.com - HSBC ADR reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
HSBC ADR announced earnings per share of $0.45 on revenue of $12.09B. Analysts polled by Investing.com anticipated EPS of $0.6 on revenue of $11.96B.
HSBC ADR shares are up 22.09% from the beginning of the year and are trading at $36.81 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% 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 Blackstone Group on January 27, who reported EPS of $1.71 on revenue of $4.46B, compared to forecasts EPS of $1.4 on revenue of $3.34B.
American Express had beat expectations on January 25 with fourth quarter EPS of $2.18 on revenue of $12.15B, compared to forecast for EPS of $1.86 on revenue of $11.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar