Standard Chartered Earnings, Revenue beat In Q2

  • Investing.com
Standard Chartered Earnings, Revenue beat In Q2

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

Standard Chartered announced earnings per share of $0.248 on revenue of $3.69B. Analysts polled by Investing.com anticipated EPS of $0.1544 on revenue of $3.66B.

Standard Chartered shares are up 19.39% from the beginning of the year and are trading at $450.10 , down-from-52-week-high.They are outperforming the TR UK 50 which is up 8% from the start of the year.

Standard Chartered shares gained 3.07% 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 Sberbank on Thursday, who reported EPS of $0.764 on revenue of $8.54B, compared to forecasts EPS of $0.6989 on revenue of $8.09B.

HSBC had missed expectations on Monday with second quarter EPS of $0.1223 on revenue of $9.01B, compared to forecast for EPS of $0.1306 on revenue of $9.13B.

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

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