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The Bank Of Nova Scotia Q3 adjusted earnings Beat Estimates

The Bank Of Nova Scotia (BNS.TO) revealed earnings for third quarter that dropped from the same period last year.

The company's profit came in at C$1.86 billion, or C$1.50 per share. This compares with C$1.98 billion, or C$1.55 per share, in last year's third quarter.

Excluding items, The Bank Of Nova Scotia reported adjusted earnings of C$2.35 billion or C$1.88 per share for the period.

Analysts had expected the company to earn C$1.85 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.7% to C$7.66 billion from C$7.18 billion last year.

The Bank Of Nova Scotia earnings at a glance:

-Earnings (Q3): C$2.35 Bln. vs. C$2.19 Bln. last year.
-EPS (Q3): C$1.88 vs. C$1.76 last year.
-Analysts Estimate: C$1.85
-Revenue (Q3): C$7.66 Bln vs. C$7.18 Bln last year.

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