HSBC Holdings Q3 Results Miss Revenue and Earnings Estimates
HSBC Holdings reported third-quarter financial results that fell short of analyst expectations for both top-line revenue and bottom-line earnings. Despite the miss, the bank saw a significant year-over-year increase in profit before tax, which rose 32% to $9.6 billion compared to the previous period. Revenue for the quarter reached $18.62 billion, representing a 4.7% increase year-over-year but missing consensus estimates by approximately $470 million. Non-GAAP earnings per share (EPS) of $0.42 also missed projections significantly. Despite these misses, HSBC has reaffirmed its financial outlook for fiscal year 2026.
Tickers: $HSBC
Topics: earnings miss profit before tax revenue growth
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