U.S. Markets open in 4 hrs 24 mins

Brazil's MRV misses Q4 net income consensus on fewer housing starts

SAO PAULO, March 7 (Reuters) - Brazil's largest low-income homebuilder MRV Engenharia e Participações SA posted a 1.2 percent rise in fourth-quarter net profit to 142 million reais ($46 million), missing analysts' expectations as it launched fewer units than planned.

Earnings before interest, tax, depreciation and amortization (EBITDA), a gauge of operating profitability, fell by 7.7 percent to 160 million reais, missing a 168 million reais consensus estimate.

(Reporting by Ana Mano; Editing by Sandra Maler)