The third-quarter results demonstrated the group’s ability to navigate through less supportive conditions. Management’s warning targets consensus’ too optimistic expectations as profitability improvement is no longer on the agenda for the time being. However, it does not mean that the current decent profitability levels are at risk.
28 Oct 2019
Soft warning
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Soft warning
HSBC Holdings Plc (HSBA:LON) | 663 -27.2 (-0.6%) | Mkt Cap: 125,200m
- Published:
28 Oct 2019 -
Author:
David Grinsztajn -
Pages:
2
The third-quarter results demonstrated the group’s ability to navigate through less supportive conditions. Management’s warning targets consensus’ too optimistic expectations as profitability improvement is no longer on the agenda for the time being. However, it does not mean that the current decent profitability levels are at risk.