CAPITAL MARKETS - Albaraka Turk Falls After First-Quarter Profit Misses Estimates

www.bloomberg.com - Albaraka Turk Katilim Bankasi AS (ALBRK), a Turkish Islamic bank, fell after its first-quarter profit trailed estimates.
The shares dropped 3.1 percent to 1.87 liras at 10:58 a.m. in Istanbul.
Albaraka reported a net income of 39.2 million liras ($22 million), according to a statement to the Istanbul Stock Exchange on Friday, lagging the 51.2 million liras average forecast by six analysts on Bloomberg. The bank earned 41.2 million liras in the first quarter of last year. (source)