Solid IB & Trading to Aid HSBC's Q4 Earnings, Higher Expenses to Hurt
HSBC Holdings (HSBC) is scheduled to announce fourth-quarter and full-year 2024 results on Feb. 19, before market open. The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, HSBC’s results were aided by a decline in expected credit losses and other credit impairment charges (ECL) and higher revenues. However, higher expenses were an undermining factor.The co ...