HSBC (HSBC) to Release Earnings on Wednesday

HSBC (NYSE:HSBC - Get Free Report) is anticipated to post its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect HSBC to post earnings of $1.41 per share and revenue of $13.79 billion for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

HSBC Stock Performance

NYSE:HSBC traded down $0.12 during mid-day trading on Friday, hitting $55.08. The company's stock had a trading volume of 1,169,831 shares, compared to its average volume of 1,355,791. The business's fifty day moving average is $50.47 and its two-hundred day moving average is $46.61. The stock has a market cap of $197.26 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 1.41 and a beta of 0.54. HSBC has a 1 year low of $36.93 and a 1 year high of $55.36. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.96 and a quick ratio of 0.96.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered HSBC from a "buy" rating to a "hold" rating in a report on Monday, February 3rd.

HSBC Company Profile

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.