Argentina's Grupo Financiero Galicia 1st-qtr profit tops estimates

BUENOS AIRES Thu May 8, 2014 10:04am EDT

BUENOS AIRES May 8 (Reuters) - Argentine banking conglomerate Grupo Financiero Galicia reported first-quarter net profit of 830.7 million pesos ($103.8 million) on Thursday, up from 298.9 million pesos in same quarter of 2013.

The figure was well above market expectations. A Reuters poll of four analysts had put the company's first quarter net income at 590 million pesos. (Reporting by Alejandro Lifschitz; Editing by Jeffrey Benkoe)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.