Standard Chartered (SCBFF) Projected to Post Earnings on Thursday

Key Points

• Standard Chartered is set to release its quarterly earnings before the market opens on Thursday, July 31st, with expected earnings of $0.51 per share and revenue of $5.07 billion.
• In its last earnings report on May 2nd, Standard Chartered reported $0.61 EPS, surpassing estimates, with revenue of $5.39 billion against a forecast of $5.07 billion.
• The company's stock traded down to $18.12, with a market capitalization of $42.28 billion and a P/E ratio of 12.32.
• Standard Chartered operates in various banking sectors globally and has a return on equity of 9.52% and a net margin of 10.44%.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, July 31st. Analysts expect Standard Chartered to post earnings of $0.51 per share and revenue of $5.07 billion for the quarter.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The firm had revenue of $5.39 billion for the quarter, compared to analyst estimates of $5.07 billion. Standard Chartered had a return on equity of 9.52% and a net margin of 10.44%. On average, analysts expect Standard Chartered to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Standard Chartered Trading Up 1.2%

Shares of OTCMKTS SCBFF traded up $0.21 during mid-day trading on Tuesday, hitting $18.16. The company's stock had a trading volume of 7,513 shares, compared to its average volume of 22,539. The stock has a market cap of $42.38 billion, a price-to-earnings ratio of 12.35 and a beta of 0.73. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.84 and a quick ratio of 0.84. Standard Chartered has a one year low of $8.53 and a one year high of $18.38. The company's fifty day simple moving average is $16.37 and its 200-day simple moving average is $14.87.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.