Bank of China earnings preview: what Wall Street is expecting
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2024
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Should l Buy ?
Source: Business Insider
Earnings Report: Bank of China is set to report Q2 earnings on August 29, with analysts predicting earnings per share of CNY 0.215, down from HKD 0.240 in the same quarter last year.
Fiscal Year Expectations: For the current fiscal year, analysts anticipate a profit per share of CNY 0.754, a significant improvement from a loss of CNY 0.810 the previous year, despite an expected revenue drop of 57.06% to CNY 142.92 billion.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
