Brazil's Cetip profit in line with estimates as revenue jumps
SAO PAULO Aug 6 (Reuters) - Cetip SA Mercados Organizados, Latin America's largest securities clearinghouse, reported second-quarter profit in line with estimates on Thursday, as financial income surprisingly returned to the black for the first time in five years.
Net income at São Paulo-based Cetip came in at 118.7 million reais ($33.5 million) in the quarter, compared with an estimate of 119 million reais in a Reuters poll of five analysts.
($1 = 3.5485 Brazilian reais) (Reporting by Guillermo Parra-Bernal and Aluísio Alves; Editing by Bernard Orr)
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