Earnings Forecast Research on HSBC Holdings plc (HSBC)

HSBC Holdings PLC reported better than expected with a surprise EPS of % or $ during its most recent quarterly earnings. The Actual EPS was $ compared to the Estimated EPS of $. London based HSBC Holdings PLC Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 21, 2017.

HSBC Holdings PLC has a Price to Earnings ratio of 17.35 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.86. For the Most Recent Fiscal Year, HSBC Holdings PLC has a price to cash ratio of 12.37. For the Trailing twelve month period, company showed a Net Profit Margin of 9.66% and Return on Equity of the stock is 2.84%.

Based on the filings, last years Annual Earnings was, $3.2. and for the current fiscal year, the estimate is $2.84. For the Next fiscal year, the estimate is $3.29 based on the consensus.

HSBC Holdings plc (NYSE:HSBC) : On Tuesday heightened volatility was witnessed in HSBC Holdings plc (NYSE:HSBC) which led to swings in the share price. The stock opened for trading at $42.99 and hit $43.035 on the upside , eventually ending the session at $42.6, with a gain of 0.24% or 0.1 points. The heightened volatility saw the trading volume jump to 1,681,037 shares. The 52-week high of the share price is $43.14 and the company has a market cap of $168,807 million. The 52-week low of the share price is at $28.62 .

HSBC HOLDINGS is one of the largest banking and financial services organisations in the world. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

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