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

Royal Gold

02/11/2023 03:00

* Royal Gold Inc  RGLD.OQ  reported quarterly adjusted
earnings of
76 cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 71 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 80 cents per share. Wall Street
expected results to range from 73 cents to 87 cents per share.
    * Revenue rose 5.5% to $138.62 million from a year ago;
analysts
expected $135.95 million. 
    * Royal Gold Inc's reported EPS for the quarter was 75
cents​.
    * Royal Gold Inc shares had fallen by 1.9% this quarter and
lost 7.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.1%
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 November 2 at
03:00 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.80           0.76           Missed
 Jun. 30 2023      0.88           0.88           Met
 Mar. 31 2023      0.99           0.96           Missed
 Dec. 31 2022      0.81           0.91           Beat