Fourth quarter profits for Brazil's B3 up 29%, in line with expectations
ReutersFeb 20, 2025 10:56 PM
SAO PAULO, Feb 20 (Reuters) - Brazil's main stock exchange operator B3 B3SA3.SA posted on Thursday a 28.7% increase in its fourth-quarter net profit from a year earlier to reach 1.18 billion reais ($207 million).
The net profit for the quarter that ended last December closely matched what analysts polled by LSEG expected, or 1.17 billion reais.
The stock index operator's net revenue for the quarter totaled 2.4 billion reais, the same as projected by the LSEG poll.
($1 = 5.7022 reais)
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