Investing.com - HSBC reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
HSBC announced earnings per share of $0.1368 on revenue of $9.55B. Analysts polled by Investing.com anticipated EPS of $0.0753 on revenue of $9.27B.
HSBC shares are up 14% from the beginning of the year and are trading at $432.70 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 7.68% from the start of the year.
HSBC shares gained 2.35% in intra-day trade after the report.
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