HSBC First Quarter Profits Miss Estimates
BP reported that its first quarter profits were more than double the earnings from the same period last year. A strategic update from the firm is not expected until the second half of the year. The report comes as the conflict in Iran continues to impact global energy markets. The report comes as the United Arab Emirates prepares to leave OPEC. BP reported a 450% increase in profits compared to the first quarter. HSBC, Europe's largest lender, reported a fall in profits for the first quarter of the year. The bank cited higher credit impairments as a contributing factor. These impairments include those stemming from the ongoing conflict in the Middle East. The bank is currently hitting its target for return on tangible equity at approximately 17%. HSBC reported pre-tax profits of $9.4 billion for the first quarter.
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Sources · 7 independent
“BP says its first quarter profits were more than double what it earned in the same period last year.”
“con la guerra in Iran, la compagnia British Petroleum ha registrato profitti sei volte superiori allo stesso periodo dell'anno scorso”
“BP reports its first quarter profits more than doubled over last year, thanks to high oil and gas prices triggered by the US-Iran War. The company said it pulled in a net profit of $3.2 billion”
“BP's profits more than doubled and so over two billion in a quarter of in three months”
“over in the UK about the oil giant BP doubling its profits surged in the first quarter of this year. That was between January and March from $3.2 billion to $3.2 billion which is about $5.4 billion New Zealand dollars.”
“Lloyds Bank reported statue pre-tax profit for the first quarter that beats the average analyst estimate. First quarter profit came in at £2.03 billion.”
“英国石油公司公布的第一季度业绩显示 公司利润大幅增长 原因是中东战士引发能源价格”
“当地时间28号 英国石油公司公布的第一季度业绩显示 公司利润大幅增长 原因是中东战士引发能源价格”
“BP公布的第一季度业绩显示 公司利润大幅增长 原因是中东战士引发能源价格”
“BP's first quarter results showed profits grew significantly due to energy prices caused by Middle East conflicts. The trading-related segment's adjusted net profit was $3.203 billion, up 373% year-on-year.”
“BP reported first quarter profits more than doubled from a year ago, thanks to surging prices.”
“BP reported first quarter profits more than doubled from a year ago, thanks to surging prices.”
“la britannique BP qui affiche un bond de ses profits de 450% par rapport au premier trimestre.”
“un bond de ses profits de 450% par rapport au premier trimestre.”
“the HSBC, the biggest lender in Europe, has seen its profits fall in the first quarter of the year and mentioned those higher credit impairments as well, including from the conflict in the Middle East.”
“HSBC missed profit estimates in the first quarter as it set aside money for UK fraud-related exposure and the impact of the war in the Middle East, reporting pre-tax profit of $9.4 billion.”
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