Royal Gold Inc reports results for the quarter ended in December - Earnings Summary

Royal Gold

14/02/2024 23:32

* Royal Gold Inc  RGLD.OQ  reported quarterly adjusted
earnings of
95 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 91 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 77 cents per share. Wall Street
expected results to range from 68 cents to 84 cents per share.
    * Revenue fell 6.3% to $152.67 million from a year ago;
analysts
expected $140.16 million. 
    * Royal Gold Inc's reported EPS for the quarter was 95
cents​.
    * The company reported quarterly net income of $62.78
million.
    * Royal Gold Inc shares had fallen by 12.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.4%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the gold peer
group is
also "hold"

Wall Street's median 12-month price target for Royal Gold Inc is
$145.00 
This summary was machine generated from LSEG data February 14 at
11:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.77           0.95           Beat
 Sep. 30 2023      0.80           0.76           Missed
 Jun. 30 2023      0.88           0.88           Met
 Mar. 31 2023      0.99           0.96           Missed