07:27 AM EDT, 07/31/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) reported Q2 earnings Wednesday of $0.35 per diluted share, up from $0.34 a year earlier.

Analysts polled by Capital IQ expected $0.32.

Revenue for the quarter ended June 30 was $16.54 billion, down from $16.71 billion a year earlier.

Analysts polled by Capital IQ expected $16.13 billion.

The company said it completed $5 billion worth of buybacks by the half-year ended June 30.

Shares of the company were up 3.7% in recent Wednesday premarket activity.

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