SAO PAULO (AP) _ Itau Unibanco Holding S.A. (ITUB) on Tuesday reported third-quarter profit of $880.5 million.

The bank, based in Sao Paulo, said it had earnings of 9 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The financial holding company posted revenue of $5.28 billion in the period. Its revenue net of interest expense was $4.8 billion, also falling short of Street forecasts.

The company's shares closed at $4.17. A year ago, they were trading at $9.02.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITUB at https://www.zacks.com/ap/ITUB

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News