1648 GMT [Dow Jones]--UniCredit's (UCG.MI) third quarter net profit is expected to more than double in comparison with a year earlier, helped by lower provisions for bad loans. According to an analysts' poll by FactSet, net profit for the quarter is expected at EUR422M, compared with EUR204M for the third quarter of 2013. Loan-loss provisions are seen at EUR1.24B, compared with EUR1.48B a year earlier. Revenue is seen virtually flat at EUR5.64B, despite some components such as net interest income and fees are seen rising. UniCredit is also seen as paying a much higher tax bill in comparison with last year. Analysts see taxes for the third quarter at EUR283M, compared with EUR128M last year. UniCredit will publish its third quarter results on Tuesday during market hours. (giovanni.legorano@wsj.com, @glegorano)
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