Macquarie Group Ltd.’s profit fell short of analyst estimates as subdued volatility weighed on its key commodities and global markets business. The stock opened 4.3% lower.
Net income for the six months to Sept. 30 rose to A$1.61 billion ($1.06 billion), from A$1.42 billion a year earlier, according to a statement Friday. That missed the A$1.74 billion average estimate of four analysts surveyed by Bloomberg.