Business & Finance
Westpac Profit Misses Estimates, CEO Says Economy Uncertain
Key Points
Westpac Profit Misses Estimates, CEO Says Economy Uncertain Westpac Banking Corp.’s profit missed expectations as Chief Executive Officer Anthony Miller said Australia’s economic outlook remains uncertain. Net income dipped about 1% to A$6.8 billion ($4.8 billion) in the 12 months ended September from a year earlier, according to a statement on Monday. That compared with the A$6.9 billion average of analyst estimates compiled by Bloomberg.
Westpac Profit Misses Estimates, CEO Says Economy Uncertain
Westpac Banking Corp.’s profit missed expectations as Chief Executive Officer Anthony Miller said Australia’s economic outlook remains uncertain.
Net income dipped about 1% to A$6.8 billion ($4.8 billion) in the 12 months ended September from a year earlier, according to a statement on Monday. That compared with the A$6.9 billion average of analyst estimates compiled by Bloomberg.