February 27, 2018 / 11:13 AM / 8 months ago

Scotiabank earnings beat market expectations

TORONTO, Feb 27 (Reuters) - Bank of Nova Scotia reported first-quarter earnings that were ahead of market expectations, helped by a strong performance from each of its businesses.

Canada’s third biggest lender reported earnings per share of C$1.86 for the quarter, up from C$1.57 a year earlier. Analysts had on average forecast earnings of C$1.68 per share, Thomson Reuters I/B/E/S data showed.

Reporting by Matt Scuffham; editing by Jason Neely

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