Sprott Inc Profit Advances In Q1, But Misses Estimates

Sprott Inc (SII.TO) announced earnings for its first quarter that increased from last year but missed the Street estimates.

The company's earnings totaled $11.9 million, or $0.46 per share. This compares with $11.6 million, or $0.45 per share, last year.

Analysts on average had expected the company to earn $0.48 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.6% to $43.4 million from $41.5 million last year.

Sprott Inc earnings at a glance (GAAP) :

-Earnings: $11.9 Mln. vs. $11.6 Mln. last year.
-EPS: $0.46 vs. $0.45 last year.
-Revenue: $43.4 Mln vs. $41.5 Mln last year.

by RTTNews Staff Writer

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