The Marked Chart Wire · Series of events
Series of events · HSBC Earnings
HSBC Q3 profit meets estimates, revenue misses
HSBC reported third-quarter results with profit in line with forecasts but revenue below expectations, alongside a $1 billion buyback.
Updated
The flow in 3 points
- Q3 pretax profit matched market estimates
- Q3 revenue came in below expectations
- Bank plans up to $1 billion buyback
What happened, in order
Times are Eastern-
Where it began
Profit matches estimates
HSBC reported third-quarter pretax profit in line with market expectations due to a boost in net income.
Read the story -
Buyback plan disclosed
HSBC announced third-quarter earnings that met analyst expectations and disclosed a share repurchase program of up to $1 billion.
Read the story -
Latest
Revenue misses estimates
HSBC reported third-quarter revenue below expectations and announced a share buyback program of up to $1 billion.
Read the story
How they connect
HSBC first reported that its third-quarter pretax profit matched estimates. The bank then detailed its earnings and announced a $1 billion share buyback, while noting that revenue came in below expectations.
The stocks in this series
Prices from Before the open · based on Mon close · Opens 9:30 AM ET. Each tile opens the stock's chart and news.
A series is a short summary of connected news, for learning. Not verified and not advice. Check the full stories before you act.