OSASCO, Brazil (AP) — OSASCO, Brazil (AP) — Banco Bradesco SA (BBD) on Thursday reported third-quarter net income of $878.2 million.
The Osasco, Brazil-based bank said it had earnings of 9 cents per share. Earnings, adjusted for non-recurring costs, came to 10 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The financial holding company posted revenue of $9.18 billion in the period. Its revenue net of interest expense was $9.18 billion, also surpassing Street forecasts.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBD at https://www.zacks.com/ap/BBD
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
