Royal Gold Inc reports results for the quarter ended in September 30 - Earnings Summary

Royal Gold

07/11/2024 04:48

* Royal Gold Inc  RGLD.OQ  reported quarterly adjusted
earnings of
$1.47​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 76 cents.  The mean expectation of ten analysts for the
quarter was for earnings of $1.33 per share. Wall Street
expected results to range from $1.25  to $1.38 per share.
    * Revenue rose 39.8% to $193.84 million from a year ago;
analysts
expected $185.19 million. 
    * Royal Gold Inc's reported EPS for the quarter was $1.46​.
    * Royal Gold Inc shares had risen by 5.7% this quarter and
gained 22.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

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
$175.00 
This summary was machine generated from LSEG data November 7 at
04:48 a.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
 Sep. 30 2024      1.33           1.47           Beat
 Jun. 30 2024      1.18           1.25           Beat
 Mar. 31 2024      0.94           0.91           Missed
 Dec. 31 2023      0.77           0.95           Beat