JPMorgan Sees UniCredit Earnings Forecasts Rising After Strong Quarter
J.P. Morgan analysts say UniCredit may receive earnings forecast upgrades after a strong third quarter. The bank beat operating profit consensus, mostly due to higher revenue, JPMorgan says.
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07:58:32 AM UTC
SquawkNews
UniCredit shares should perform well on Monday as the Italian bank reports solid third-quarter trends, Barclays's Paola Sabbione and Dibin Meledath Koruthu write. UniCredit posts a 17% net profit beat compared to consensus, with net interest income ahead of expectations. Further upside could come f…