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

Royal Gold

07/08/2024 23:23

* Royal Gold Inc  RGLD.OQ  reported quarterly adjusted
earnings of
$1.25​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of 88
cents.  The mean expectation of nine analysts for the quarter
was for earnings of $1.18 per share. Wall Street expected
results to range from $1.11  to $1.22 per share.
    * Revenue rose 20.9% to $174.10 million from a year ago;
analysts
expected $171.37 million. 
    * Royal Gold Inc's reported EPS for the quarter was $1.23​.
    * Royal Gold Inc shares had risen by 3.2% this quarter and
gained 6.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the gold peer
group is
also "hold"

Wall Street's median 12-month price target for Royal Gold Inc is
$160.00 
This summary was machine generated from LSEG data August 7 at
10:23 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
 Jun. 30 2024      1.18           1.25           Beat
 Mar. 31 2024      0.94           0.91           Missed
 Dec. 31 2023      0.77           0.95           Beat
 Sep. 30 2023                     0.76