Northstar Asset Management Group Inc. Profit Rises 120% In Q3

(RTTNews) - Northstar Asset Management Group Inc. (NSAM) revealed earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line climbed to $41.17 million, or $0.21 per share. This was up from $18.74 million, or $0.10 per share, in last year's third quarter.

The company said revenue for the quarter rose 28.7% to $108.12 million. This was up from $83.99 million last year.

Northstar Asset Management Group Inc. earnings at a glance:

-Earnings (Q3): $41.17 Mln. vs. $18.74 Mln. last year. -Earnings Growth (Y-o-Y): 119.7% -EPS (Q3): $0.21 vs. $0.10 last year. -EPS Growth (Y-o-Y): 110.0% -Revenue (Q3): $108.12 Mln vs. $83.99 Mln last year. -Revenue Change (Y-o-Y): 28.7%