Gold Royalty Q1 EPS $(0.01), Inline, Sales $2.89M Up From $767.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Gold Royalty Corp. (GROY) reported a Q1 EPS of $(0.01), meeting analyst expectations and unchanged from last year. Sales surged to $2.89M, a 277.31% increase from $767K YoY.
May 14, 2024 | 7:09 am
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POSITIVE IMPACT
Gold Royalty Corp. reported a stable EPS of $(0.01), aligning with analyst predictions, and a significant sales increase to $2.89M from $767K YoY.
The significant increase in sales indicates strong revenue growth, which is likely to be viewed positively by investors. The EPS meeting expectations shows stability in earnings, which could reassure investors about the company's financial health. Together, these factors suggest a positive short-term impact on GROY's stock price.
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RELEVANCE 100