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

Royal Gold

09/05/2024 21:44

* Royal Gold Inc  RGLD.OQ  reported quarterly adjusted
earnings of
91 cents​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of 96
cents.  The mean expectation of ten analysts for the quarter was
for earnings of 94 cents per share. Wall Street expected
results to range from 89 cents to 98 cents per share.
    * Revenue fell 12.6% to $148.90 million from a year ago;
analysts
expected $153.04 million. 
    * Royal Gold Inc's reported EPS for the quarter was 72
cents​.
    * Royal Gold Inc shares had risen by 1.3% this quarter and
gained 2.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
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
$151.00 
This summary was machine generated from LSEG data May 9 at 08:43
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
 Mar. 31 2024      0.94           0.91           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