9 de noviembre de 2016 / 22:02 / en 9 meses

Brazil's homebuilder MRV posts Q3 profit in line with estimates

SAO PAULO, Nov 9 (Reuters) - MRV Engenharia e Participações SA, Brazil's largest low-income homebuilder, posted a third-quarter profit on Wednesday roughly in line with estimates after net sales rose to the highest level this year.

Belo Horizonte-based MRV said in a securities filing that net income rose 5 percent from a year earlier to 150 million reais ($46.4 million) in the quarter. The company was expected to post a quarterly profit of 153.5 million reais, according to the average estimate compiled by Thomson Reuters. ($1 = 3.23 Brazilian reais) (Reporting by Ana Mano; Editing by Brad Haynes)

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