Sprott Inc reports results for the quarter ended in December - Earnings Summary

Sprott

21/02/2024 13:01

* Sprott Inc  SII.TO  reported quarterly adjusted earnings
of 38
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 29
cents.  The mean expectation of two analysts for the quarter was
for earnings of 48 cents per share. Wall Street expected
results to range from 44 cents to 51 cents per share.
    * Revenue rose 12.7% to $40.75 million from a year ago;
analysts
expected $48.00 million. 
    * Sprott Inc shares had risen by 13.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the investment
management & fund operators peer group is also "hold"

Wall Street's median 12-month price target for Sprott Inc is
C$51.00 
This summary was machine generated from LSEG data February 21 at
01:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.48           0.38           Missed
 Sep. 30 2023      0.33           0.27           Missed
 Jun. 30 2023      0.35           0.68           Beat
 Mar. 31 2023      0.35           0.30           Missed