Bloomberg News

SPAIN DAYBOOK: Santander, Iberdrola Earnings; Budget Data

October 27, 2011

Banco Santander SA (SAN) and Iberdrola SA (IBE) are among companies publishing earnings while the central government releases budget data.

ECONOMY: *Finance Minister Elena Salgado speaks at 8:10 a.m. on RNE. *Retail sales data at 9 a.m. in Madrid. *Opposition leader Mariano Rajoy speaks at conference organized by self-employed workers at 12:30 p.m. *Central-government budget data for nine months through September published at 1 p.m. in Madrid.

EARNINGS: Companies expected to report and average third-quarter net income estimates.

*Santander: average estimate 1.87 billion euros *Iberdrola SA: average estimate 512 million euros. *Banco Sabadell SA: average estimate 54 million euros. *Abertis SA: average estimate 225 million euros. *Ferrovial SA (FER): average estimate for adjusted net income 100.7 million euros. *Mediaset Espana SA: average estimate 9.3 million euros. *Ebro Foods: average estimate 31.8 million euros. *Antena 3 de Television SA (A3TV): average estimate 1.99 million euro loss.

To contact the editor responsible for this story: Emma Ross-Thomas at

Too Cool for Crisis Management
blog comments powered by Disqus