What To Expect From Credit Suisse Group ($CS) 3Q20 Earnings

89

Credit Suisse Group (NYSE:CS) banking and financial services provider, is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.

Previous Quarter Performance

Credit Suisse Group announced income for the second quarter of $ 0.48 per share, from the revenue of $ 6,426.00 million.

Stock Performance

Shares of Credit Suisse Group traded low $ -0.42 or -4.06 percent on Wednesday, reaching $ 9.92 with volume of 4.80 million shares. Credit Suisse Group has traded high as $ 10.09 and has cracked $ 9.86 on the downward trend

According to the previous trading day, closing price of $ 9.92, representing a 59.81 % increase from the 52 week low of $ 6.47 and a 26.77 % decrease over the 52 week high of $ 14.12.

The company has a market capital of $ 24.46 billion and is part of the Financial Services sector and Banks – Global industry.

Credit Suisse Group AG, through its subsidiaries, provides various financial services worldwide. It operates through Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, and Investment Banking & Capital Markets segments. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.