Waterstone's third-quarter profit fell from $7.9 million to $6.2 million, but nine-month profit rose from $18.7 million to $20.6 million. These results point in opposite directions, so they do not clearly change the company's outlook.
The lower quarterly profit points to weaker results in the latest three months. The rise across nine months points the other way. Neither period settles the picture, so the report does not clearly change how the company looks.
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