Yahoo Finance Sprott First Quarter 2024 Earnings: EPS: US$0.45 (vs US$0.30 in 1Q 2023)
Sprott (TSE:SII) First Quarter 2024 Results
Key Financial Results
Revenue: US$41.5m (up 2.3% from 1Q 2023).
Net income: US$11.6m (up 51% from 1Q 2023).
Profit margin: 28% (up from 19% in 1Q 2023). The increase in margin was primarily driven by lower expenses.
EPS: US$0.45 (up from US$0.30 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sprott Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Capital Markets industry in Canada.
Performance of the Canadian Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - Sprott has 2 warning signs we think you should be aware of.
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