Itau Unibanco: Q3 profit misses expectations
FROM THE WIRE · FINANCE.YAHOO.COM
SAO PAULO (AP) — SAO PAULO (AP) — Itau Unibanco Holding S.A. (ITUB) on Tuesday reported third-quarter net income of $2.38 billion. The bank, based in Sao Paulo, said it had earnings of 21 cents per share. The results missed Wall Street expectations. The average estimate of three…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA profit miss against consensus at a major Brazilian bank can weigh on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Itau Unibanco reported third-quarter net income of $2.38 billion.
- 02Earnings per share were 21 cents, versus 22 cents expected by analysts.
- 03Revenue for the period was $9.41 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets