Osisko Gold Royalties Ltd reports results for the quarter ended in June - Earnings Summary

OR Royalties

07/08/2024 01:34

* Osisko Gold Royalties Ltd  OR.TO  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended in June,
identical to the same quarter last year.  The mean expectation
of eleven analysts for the quarter was for earnings of 16 cents
per share. Wall Street expected results to range from 16 cents
to 18 cents per share.
    * Revenue rose 7.2% to $64.85 million from a year ago;
analysts
expected C$67.98 million. 
    * Osisko Gold Royalties Ltd's reported EPS for the quarter
was a
loss of 11 cents​.
    * Osisko Gold Royalties Ltd shares had risen by 11.2% this
quarter and gained 25.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 9.3%
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 "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the gold peer
group is
also "buy"

Wall Street's median 12-month price target for Osisko Gold
Royalties Ltd is C$28.00 
This summary was machine generated from LSEG data August 7 at
12:34 a.m. UTC. ​All figures in Canadian 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
 Jun. 30 2024      0.28           0.28           Met
 Mar. 31 2024      0.27           0.26           Missed
 Dec. 31 2023      0.25           0.27           Beat
 Sep. 30 2023      0.25           0.23           Missed