Reuters: US Dollar Report: Brazil bourse BM&FBovespa misses profit estimate in Q2

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Brazil bourse BM&FBovespa misses profit estimate in Q2 Aug 7th 2012, 22:52 SAO PAULO | Tue Aug 7, 2012 6:52pm EDT SAO PAULO Aug 7 (Reuters) - Second-quarter net income at BM&FBovespa, the world's No. 3 financial exchange, missed analysts' expectations on Tuesday as financial expenses and taxes jumped. The São Paulo-based company earned 299.99 million reais ($147.8 million) in profit during the quarter, up 2 percent from 294.2 million reais a year earlier. The result came below the average 317.7 million reais profit forecast by a Reuters poll of nine analysts.

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