Standard Chartered Earnings miss, Revenue beats In Q3

  • Investing.com
Standard Chartered Earnings miss, Revenue beats In Q3

Investing.com - Standard Chartered (LON: STAN ) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Standard Chartered announced earnings per share of $0.207 on revenue of $3.77B. Analysts polled by Investing.com anticipated EPS of $0.2167 on revenue of $3.74B.

Standard Chartered shares are up 11% from the beginning of the year and are trading at $469.80 , down-from-52-week-high.They are under-performing the OMX Helsinki 25 which is up 18.16% from the start of the year.

Standard Chartered shares lost 7.12% in intra-day trade the report.

Standard Chartered follows other major Financial sector earnings this month

Standard Chartered's report follows an earnings beat by HSBC on Monday, October 25, 2021, who reported EPS of $0.1235 on revenue of $8.86B, compared to forecasts EPS of $0.1111 on revenue of $8.8B.

London Stock Exchange had matched expectations on Friday, October 22, 2021 with third quarter EPS of $1.35 on revenue of $1.69B, compared to forecast for EPS of $1.35 on revenue of $1.7B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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