Argentina's Galicia posts bigger Q3 net profit

BUENOS AIRES Fri Nov 9, 2012 8:42am EST

BUENOS AIRES Nov 9 (Reuters) - Leading Argentine banking conglomerate Grupo Financiero Galicia reported on Friday a higher third-quarter net profit of 347.2 million pesos ($73.9 million), up 26 percent from the same period a year before.

The net profit fell just short of market expectations, however. A Reuters poll of four analysts had put the company's net at a median of 351 million pesos, with estimates ranging from 341 million to 365 million pesos.