Hong Kong Exchanges and Clearing (HKXCY) Expected to Release Quarterly Earnings on Friday

Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) is projected to issue its results before the market opens on Friday, November 6th. Analysts expect the company to post earnings of $0.4988 per share and revenue of $1.01 billion for the quarter.

Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) last issued its quarterly earnings results on Wednesday, August 19th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.49 by $0.05. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.01 billion. On average, analysts expect Hong Kong Exchanges and Clearing to post $1.93 EPS for the current fiscal year and $1.97 EPS for the next fiscal year.

Hong Kong Exchanges and Clearing Stock Performance

Shares of HKXCY stock opened at $50.22 on Thursday. The stock’s fifty day moving average is $49.37 and its two-hundred day moving average is $51.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.76 and a current ratio of 1.05. Hong Kong Exchanges and Clearing has a fifty-two week low of $45.74 and a fifty-two week high of $57.01.

Hong Kong Exchanges and Clearing Company Profile

Hong Kong Exchanges and Clearing Limited (HKEX) operates the financial markets and clearing infrastructure of Hong Kong. Through its subsidiaries and affiliated entities, HKEX operates the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and related securities and derivatives markets. Its products include equities, exchange-traded funds, warrants, listed derivatives, commodities and other investment instruments.

HKEX also provides clearing, settlement, custody and market-data services through clearing houses that support transactions conducted on its markets.