Dominion Diamond Posts Q3 Profit - Quick Facts

(RTTNews) - Dominion Diamond Corp. (DDC, DDC.TO) reported that its third-quarter consolidated net profit attributable to shareholders was $25.5 million or $0.30 per share, compared to a net loss attributable to shareholders of $4.8 million or $0.06 per share in the third quarter of the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.

Consolidated sales from continuing operations were $222.3 million for the quarter, compared to $148.1 million for the comparable quarter of the prior year.

The company announced that it intends to initiate a dividend following the release of its year-end results in April with the amount to be determined at that time.