12 de agosto de 2014 / 10:34 / hace 3 años

BB Seguridade beats profit estimates on robust revenue

SAO PAULO, Aug 12 (Reuters) - BB Seguridade Participações SA <BBSE3.SA beat analyst estimates for second-quarter profit after posting record revenue in almost all business lines and a surge in the value of investments helped offset claims, the insurance unit of state-run Banco do Brasil SA said in a securities filing on Tuesday.

Recurring profit, a widely followed gauge of profit that excludes one-time items, was 845.4 million reais ($372 million) in the quarter, well above the 726 million reais estimated in a Reuters poll.

$1 = 2.2750 Brazilian reais Reporting by Guillermo Parra-Bernal; Editing by Lisa Von Ahn

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below