UniCredit ups 2021 guidance after strong quarter

This post was originally published on this site

UniCredit, which on Sunday walked out of a deal to rescue state-owned rival Monte dei Paschi, posted a net profit of 1.06 billion euros ($1.23 billion) for the three months through September.

That compares with an average forecast of 838 million euros ($975 million) from 23 analysts collected by the bank.

($1 = 0.8618 euros)