Royal Gold Q2 Adj EPS $0.88, Inline, Sales $144.04M Miss $154.45M Estimate
Portfolio Pulse from totan@benzinga.com
Royal Gold (NASDAQ:RGLD) reported Q2 earnings of $0.88 per share, in line with analyst consensus. However, this is a 16.19% decrease from the same period last year. The company's quarterly sales of $144.04M missed the analyst consensus estimate of $154.45M by 6.74%, marking a 14.53% decrease from last year.
August 04, 2023 | 12:16 pm
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Royal Gold's Q2 earnings met expectations but sales missed estimates and both earnings and sales are down from last year.
Royal Gold's earnings met expectations, which is positive. However, the company's sales missed estimates and both earnings and sales are down from the same period last year, which could negatively impact investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100