Triple Flag Precious Metals Corp reports results for the quarter ended in December - Earnings Summary

Triple Flag Precious Metals

23/02/2024 03:40

* Triple Flag Precious Metals Corp  TFPM.TO  reported
quarterly
adjusted earnings of 9 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 12 cents.  The mean expectation of
nine analysts for the quarter was for earnings of 8 cents per
share. Wall Street expected results to range from 7 cents to 9
cents per share.
    * Revenue rose 39.4% to $51.74 million from a year ago;
analysts
expected $50.15 million. 
    * Triple Flag Precious Metals Corp's reported EPS for the
quarter
was 5 cents​.
    * The company reported quarterly net income of $9.76
million.
    * Triple Flag Precious Metals Corp shares had fallen by 4.7%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2% in
the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the gold peer
group is
also "buy"

Wall Street's median 12-month price target for Triple Flag
Precious Metals Corp is C$23.25 
This summary was machine generated from LSEG data February 23 at
03:40 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
 Dec. 31 2023      0.19           0.18           Missed
 Sep. 30 2023      0.19           0.18           Missed
 Jun. 30 2023      0.19           0.20           Beat
 Mar. 31 2023      0.19           0.20           Beat