Gold Royalty: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Gold Royalty (AMEX:GROY) reported Q4 earnings with an EPS of $-0.01, which was in line with estimates. However, revenue decreased by $69 thousand compared to the same period last year. Despite missing EPS estimates last quarter, GROY's share price increased by 1.84% the following day.
November 14, 2023 | 9:45 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Gold Royalty reported Q4 earnings with an EPS of $-0.01, in line with estimates, but saw a revenue decrease of $69 thousand from the same period last year.
Gold Royalty's earnings report showed no surprises in EPS, which met analyst expectations. However, the decrease in revenue could be a concern for investors. Historically, the stock increased after an EPS miss last quarter, suggesting that the market may not react strongly to in-line earnings. The impact on the stock price is likely to be neutral in the short term, as the earnings were as expected, but the revenue decline could temper any positive sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100