Royal Gold Q2 revenue misses estimates

Royal Gold

06/08/2025 22:50

Overview

Royal Gold Q2 revenue rises to $209.6 mln, missing analyst expectations, per LSEG data

Adjusted net income for Q2 misses estimates, per LSEG data

Co announced acquisitions of Sandstorm Gold and Horizon Copper for growth

Outlook

Company forecasts 2025 metal sales within previously provided ranges

Royal Gold expects DD&A and effective tax rate to remain as forecasted

Both gold and copper production are expected to be weighted towards the second half of the year

Royal Gold anticipates growth from recent acquisitions

Result Drivers

PRECIOUS METAL PRICES - Record revenue driven by strong gold and silver prices, per CEO Bill Heissenbuttel

PRODUCTION INCREASE - Higher gold production from Peñasquito and Manh Choh contributed to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$209.60 mln
$225.20 mln (2 Analysts)
Q2 EPS
$2.01
Q2 Adjusted Net Income
Miss
$118.80 mln
$119.80 mln (1 Analyst)
Q2 Net Income
$132.30 mln
Q2 Adjusted Free Cash Flow
$152.80 mln
Q2 Dividend
$0.45


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the gold peer group is "buy"

Wall Street's median 12-month price target for Royal Gold Inc is $215.00, about 25.5% above its August 5 closing price of $160.18

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nBw1v595na

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)