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Brazil's BTG Pactual misses fourth-quarter profit estimates
February 18, 2014 / 11:17 PM / 4 years ago

Brazil's BTG Pactual misses fourth-quarter profit estimates

SAO PAULO, Feb 18 (Reuters) - Grupo BTG Pactual SA , Latin America’s largest independent investment bank, posted fourth-quarter net income on Tuesday that missed analyst estimates in a Reuters poll.

The São Paulo-based bank, controlled by billionaire financier André Esteves, earned 768 million reais ($320 million) in the quarter, compared with 746 million reais in the third quarter, according to a securities filing. A Reuters poll of three analysts expected profit at 792 million reais.

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