Investing.com - HSBC reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
HSBC announced earnings per share of $0.1234 on revenue of $8.86B. Analysts polled by Investing.com anticipated EPS of $0.0991 on revenue of $8.56B.
HSBC shares are up 14% from the beginning of the year and are trading at $435.60 , 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 shares gained 0.18% in intra-day trade the report.
HSBC follows other major Financial sector earnings this month
HSBC's report follows an earnings matched by London Stock Exchange on Friday, who reported EPS of $1.35 on revenue of $1.69B, compared to forecasts EPS of $1.35 on revenue of $1.7B.
Barclays had beat expectations on Thursday with third quarter EPS of $0.085 on revenue of $5.47B, compared to forecast for EPS of $0.0661 on revenue of $5.35B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar