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The Big Tech is rushing for earnings report: Boon or Bane?
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Futu to Report Q2 2022 Financial Results on August 30

Futu Holdings was up 21% last week. The company was able to benefit from the waning threat of their American depository shares being delisted in the U.S.
Futu to Report Q2 2022 Financial Results on August 30
Here is the forecast for the new quarter

The forecasts of the two analysts predict that the average earnings per share in the past quarter will be HK $4.36. This will be an increase of 15.65% over the same period last year, when Futu reported HK $3.77 per share.

On average, the four analysts predicted that the sales volume would increase by 2.83% compared with HK $1.58 billion in the same period last year. Therefore, experts assume that the average turnover of the previous quarter was HK $1.62 billion.

Futu's management will hold an earnings conference call on Tuesday, August 30, 2022, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time).

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