OTTAWA (dpa-AFX) - The Bank Of Nova Scotia (BNS.TO) reported earnings for
its first quarter that increased from the same period last year and beat the
Street estimates.

The company's bottom line totaled C$2.07 billion, or C$1.68 per share. This
compares with C$1.62 billion, or C$1.35 per share, in last year's first quarter.

Excluding items, The Bank Of Nova Scotia reported adjusted earnings of C$2.08
billion or C$1.69 per share for the period.

Analysts on average had expected the company to earn C$1.61 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 5.9% to C$8.43 billion from C$7.96
billion last year.

The Bank Of Nova Scotia earnings at a glance (GAAP) :

-Earnings (Q1): C$2.07 Bln. vs. C$1.62 Bln. last year.
-EPS (Q1): C$1.68 vs. C$1.35 last year.
-Analyst Estimate: C$1.61
-Revenue (Q1): C$8.43 Bln vs. C$7.96 Bln last year.


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