Investing.com - HSBC Holdings (NYSE:HSBC) PLC ADR reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
HSBC Holdings PLC ADR announced earnings per share of $0.21 on revenue of $12.07B. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $12.09B.
HSBC Holdings PLC ADR shares are down 4.32% from the beginning of the year, still down 5.02% from its 52 week high of $27.08 set on January 3. They are under-performing the EUR/USD which is down 0% from the start of the year.
HSBC Holdings PLC ADR follows other major sector earnings this month
HSBC Holdings PLC ADR's report follows an earnings missed by Iberdrola SA on October 21, who reported EPS of $0.59 on revenue of $9.24B, compared to forecasts EPS of $0.66 on revenue of $7.74B.
Atlas Copco ADR had missed expectations on Saturday with third quarter EPS of $0.34 on revenue of $2.84B, compared to forecast for EPS of $0.35 on revenue of $2.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar