Royal Gold Inc expected to post earnings of 94 cents a share - Earnings Preview

Royal Gold

07/05/2024 24:43

* Royal Gold Inc  RGLD.OQ   RGLD.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Denver Colorado-based  company is expected to report a
10.2% decrease in revenue to $153.035 million from $170.39
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Royal Gold Inc is for
earnings
of 77 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Royal Gold
Inc is
$151.00​, above​ its last closing price of $123.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.76        0.77       0.95      Beat    23.6
 Sep. 30 2023  0.78        0.80       0.76      Missed  -4.6
 Jun. 30 2023  0.88        0.88       0.88      Met     -0.1​
 Mar. 31 2023  0.96        0.99       0.96      Missed  -3.3
 ​​Dec.        0.80        0.81       0.91      Beat    12.1
 31 2022                                                
 Sep. 30 2022  0.72        0.73       0.71      Missed  -3.1​
 Jun. 30 2022  0.90        0.90       0.81      Missed  -10.4
 Mar. 31 2022  0.92        0.87       0.99      Beat    13.5
 This summary was machine generated May 6 at 23:43 GMT.  All
figures in US 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)