* Q3 EPS C$0.32 vs est C$0.20
* Q3 revenue C$100.9 mln vs est C$88.9 mln
* Investment banking revenue up 92 pct
* Capital markets revenue up 77 pct
Nov 5 (Reuters) - GMP Capital Inc’s (GMP.TO) third-quarter profit rose almost three-fold, topping estimates, helped by revenue boost at its capital markets segment.
One of Canada’s largest independent investment dealers, GMP’s earnings came in at C$22.4 million, or 32 Canadian cents per basic share, up from C$8.4 million, or 12 Canadian cents per basic share, a year ago.
Revenue rose 41 percent to C$100.9 million, as revenue from investment banking almost doubled to C$55.2 million.
Revenue from its capital markets division rose 77 percent to C$91 million in the quarter.
Analysts on average expected the company to earn 20 Canadian cents on revenue of C$88.9 million, according to Thomson Reuters I/B/E/S.
Toronto-based GMP’s shares have gained about 17 percent in value since president Harris Frickers replaced Kevin Sullivan as CEO in August.
Shares closed on Thursday at C$11.25 on the Toronto Stock Exchange. (Reporting by Gowri Jayakumar in Bangalore; Editing by Jarshad Kakkrakandy)