Goldman Sachs released a report earlier this month, listing its performance forecast for HSBC HOLDINGS (00005.HK) in the third quarter of this year:
Item│Third Quarter Forecast Value│Year-on-Year Change
Reported Revenue│$17.328 billion│+1.9%
Adjusted Revenue excluding notable items at constant exchange rates│$17.338 billion│+0.7%
Expected Credit Losses and Other Credit Impairment Provisions│$945 million│-4.2%
Reported Pre-Tax Profit│$8.091 billion│-4.5%
Reported After-Tax Profit│$6.392 billion│-5.3%
Net Profit│$5.868 billion│-4.3%
Common Equity Tier 1 Capital Ratio│14.5%│-0.7 percentage points

HSBC

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Goldman Sachs' forecast for HSBC HOLDINGS' third-quarter performance is as follows: reported baseline revenue of USD 17.328 billion, a year-on-year increase of 1.9%; alternative fixed exchange rate revenue of USD 17.338 billion, a year-on-year increase of 0.7%; expected credit losses and other credit impairment provisions of USD 945 million, a year-on-year decrease of 4.2%; reported baseline profit before tax of USD 8.091 billion, a year-on-year decrease of 4.5%; reported baseline profit after tax of USD 6.392 billion, a year-on-year decrease of 5.3%; net profit of USD 5.868 billion, a year-on-year decrease of 4.3%; common equity tier 1 capital ratio of 14.5%, a decrease of 0.7 percentage points

Goldman Sachs' Forecast for HSBC's Third Quarter Performance (Table)