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Lloyds Shares Fall 6% After Third-Quarter Results

Lloyds reported July-September profit before tax of £2.3 billion ($3.1 billion), in line with analysts’ forecasts, versus £1 billion a year earlier when it booked £875 million in remediation charges. Shares fell 6% in early trading.

LLOY

Britain's Lloyds Banking Group LSE:LLOY reported profit before tax for the July-September period of £2.3 billion ($3.1 billion), in line with analysts' forecasts, up from £1 billion a year ago when it took £875 million in remediation charges.Lloyds shares fell 6% in early trading after the results…

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