Hong Kong Exchanges and Clearing Limited: EPS $0.4885 vs $0.4988 expected; revenue $1.00B vs $1.01B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 0.4885 | 0.4988 | −2.1% | — |
| Revenue (USD bn) | 1.0000 | 1.0100 | −0.5% | — |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 6, 2026 | Q3 FY2026 | 0.4885 | 0.4988 | −2.1% | 1.00 | 1.01 | −0.5% |
| Aug 19, 2026 | Q2 FY2026 | 0.5430 | 0.4943 | +9.9% | 1.08 | 1.01 | +7.0% |
| Apr 29, 2026 | Q1 FY2026 | 0.5220 | 0.4599 | +13.5% | 1.05 | 0.97 | +8.3% |
| Feb 26, 2026 | Q4 FY2025 | 0.4384 | 0.3852 | +13.8% | 0.93 | 0.86 | +9.1% |
| Aug 19, 2025 | Q2 FY2025 | 0.4470 | 0.4181 | +6.9% | — | — | — |
| Apr 30, 2025 | Q1 FY2025 | 0.4143 | 0.4234 | −2.1% | 0.88 | 0.87 | +1.5% |
| Feb 24, 2025 | Q4 FY2024 | 0.3841 | 0.3779 | +1.6% | — | — | — |
| Oct 23, 2024 | Q3 FY2024 | 0.3191 | 0.3124 | +2.1% | 0.69 | 0.70 | −0.6% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures. Figures are in USD as carried for this US-traded line; the company reports in another currency.
Hong Kong Exchanges and Clearing Limited results: EPS $0.4885 vs $0.4988 expected; revenue $1.00B vs $1.01B. The results cover the company's Q3 FY2026. EPS came in below analysts' estimate by 2.1%; revenue below the estimate by 0.5%. Figures are in USD as carried for this US-traded line; the company reports in HKD.
On its record, EPS topped analysts' estimates in 6 of 7 earlier comparable reports.
What the results mean
Hong Kong Exchanges and Clearing Limited operates equity, derivatives and commodity markets alongside their associated clearing services. Its business is linked to the use of its trading platforms and listed products, making the distribution of activity across these markets important to understanding its performance.
The company combines equity trading, financial derivatives and metals contracts, with operations spanning Hong Kong, Mainland China and the United Kingdom. Market data sales and complementary services add revenue sources connected to this ecosystem, making their role in the business mix relevant alongside trading activity.
What to watch on the earnings call: The distribution of trading activity across equities, derivatives and commodities, the role of different products in platform usage, the revenue contribution of market data sales and complementary services, and management commentary on demand for trading and clearing services across the markets the company operates.
For the full analysis of Hong Kong Exchanges and Clearing Limited stock — valuation, scores and financial statements — see the stock page linked with this story.