Investing.com - HSBC ADR reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
HSBC ADR announced earnings per share of $0.15 on revenue of $11.82B. Analysts polled by Investing.com anticipated EPS of $0.075 on revenue of $11.38B.
HSBC ADR shares are up 13% from the beginning of the year, still down 16.42% from its 52 week high of $35.87 set on February 26, 2020. They are outperforming the S&P Global 100 which is up 3.21% 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 Mastercard on January 28, who reported EPS of $1.64 on revenue of $4.12B, compared to forecasts EPS of $1.52 on revenue of $4B.
PayPal Holdings Inc had beat expectations on February 3 with fourth quarter EPS of $1.08 on revenue of $6.12B, compared to forecast for EPS of $0.9967 on revenue of $6.09B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar