SAO PAULO (AP) — SAO PAULO (AP) — Itau Unibanco Holding S.A. (ITUB) on Tuesday reported third-quarter net income of $2.38 billion.

The bank, based in Sao Paulo, said it had earnings of 21 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.

The financial holding company posted revenue of $9.41 billion in the period. Its revenue net of interest expense was $9.32 billion.

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