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

• Royal Gold Inc RGLD.OQ reported quarterly adjusted earnings of $1.81​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.25. The mean expectation of seven analysts for the quarter was for earnings of $1.69 per share. Wall Street expected results to range from $1.51 to $1.85 per share.

• Revenue rose 20.4% to $209.64 million from a year ago; analysts expected $225.25 million.

• Royal Gold Inc's reported EPS for the quarter was $2.01​.

• Royal Gold Inc shares had fallen by 9.9% this quarter and gained 21.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.6% 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 "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 also "buy"

• Wall Street's median 12-month price target for Royal Gold Inc is $215.00, about 25% above its last closing price of $161.33

This summary was machine generated from LSEG data August 7 at 01:26 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)