Brazil's Cetip beats first-quarter net income estimates

SAO PAULO Thu May 9, 2013 6:29pm EDT

SAO PAULO May 9 (Reuters) - Brazilian securities clearinghouse Cetip SA Mercados Organizados posted first-quarter net income of 80.1 million reais ($40 million), according to a securities filing on Thursday.

Profit at São Paulo-based Cetip beat the average 72.2 million reais forecast of six analysts in a Thomson Reuters poll.

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