Brazil card processor Cielo's shares fall 7 pct after profit miss [Reuters]
CIELO SA S/ADR (CIOXY)
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Source: Reuters
Brazil card processor Cielo's shares fall 7 pct after profit miss | Reuters Reuters Staff 1 Min Read SAO PAULO, July 31 (Reuters) - Shares in Brazilian card processor Cielo SA slid 7.2 percent in mid-afternoon trading in Sao Paulo after the company missed profit estimates amid fierce competition. Shares were at 14.77 reais after Ceilo reported recurring net income in the second quarter that was 13 percent below the consensus of analysts polled by Thomson Reuters. The company said its largest clients saw the biggest drop in debit card transactions. (Reporting by Aluisio Alves; Writing by Tatiana Bautzer; Editing by David Gregorio) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Brazil card processor Cielo's shares fall 7 pct after profit miss SAO PAULO, July 31 (Reuters) - Shares in Brazilian card processor Cielo SA slid 7.2 percent in mid-afternoon trading in Sao Paulo after the company mis
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