Royal Gold, Inc. (RGLD) shares have gained 27.4% over the past year compared with the industry's growth of 41.9%. The stock also hit a fresh 52-week high of $145.59 on Friday before ending the session lower at $143.19. Image Source: Zacks Investment Research What's Aiding Royal Gold? Solid YTD Gain in Gold Prices: Gold prices have gained 25% so far in 2024, surpassing the performances of most major asset classes. Several factors have contributed to this solid performance in 2024, including increased geopoli ...

It has been about a month since the last earnings report for Royal Gold (RGLD) . Shares have added about 7.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Royal Gold due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Royal Gold Earnings Beat Estimates in Q2, Rise Y ...

brightstars Shares of Royal Gold, Inc. (NASDAQ:RGLD) (TSX:RGL.CA) are up 17% year-to-date, quietly approsehing a new all-time high. The backdrop of a record gold price and strong sentiment towards previous metals prices has marked a turnaround for the streaming and royalties giant, which had struggled with weak growth in recent years. There's a lot for investors to get excited about between the company's improving outlook and the bullish sentiment towards the sector. Even following the recent rally, we beli ...

Royal Gold, Inc. (RGLD) reported adjusted earnings per share (EPS) of $1.25 in second-quarter 2024, beating the Zacks Consensus Estimate of $1.17. The bottom line increased 42% year over year. Including one-time items, the company reported an EPS of $1.23 compared with the prior-year quarter's 97 cents. RGLD generated revenues of $174 million, up 20.8% year over year. The upside resulted primarily from higher metal prices and copper sales at Mount Milligan. Increased gold and silver production at Peñasquito ...

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Royal Gold reported adjusted earnings per share (EPS) of 91 cents in first-quarter 2024, missing the Zacks Consensus Estimate of 95 cents. The bottom line declined 5% year over year. In the past year, RGLD shares have gained 13.8% compared with the industry's growth of 21.2%. The Zacks Consensus Estimate for ATI's 2024 earnings is pegged at $2.41 per share. The Zacks Consensus Estimate for ATI's current-year earnings has been revised 3% north in the past 60 days. It has an average trailing four-quarter earn ...

Earnings Performance - Royal Gold reported adjusted earnings per share (EPS) of 91 cents for Q1 2024, missing the Zacks Consensus Estimate of 95 cents, and reflecting a 5% decline year over year [2] - The company generated revenues of $149 million, which represents a year-over-year dip of 12.6%, primarily due to lower gold production and sales at various sites [3] - Stream revenues were $103 million, down 10.9% year over year, while royalty revenues decreased by 16.2% to $46 million [4] Cost and Expenses - The cost of sales for the first quarter was $22 million, a decrease from $25 million in the prior-year quarter [4] - General and administrative expenses rose to $11 million, reflecting a 3.6% increase year over year [5] - Adjusted EBITDA was reported at $117 million, down 13.2% year over year, with an adjusted EBITDA margin of 79%, remaining flat year over year [5] Financial Position - Net cash from operating activities was $138 million, compared to $109 million in the prior-year quarter, with cash and cash equivalents at approximately $138 million, up from $127 million a year ago [6] Market Outlook - Royal Gold has a Zacks Rank of 3 (Hold), indicating an expectation of an in-line return from the stock in the upcoming months [7] - The stock has an aggregate VGM Score of C, with a Growth Score of B, a Momentum Score of C, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [6][7] Industry Comparison - Royal Gold belongs to the Zacks Mining - Gold industry, where Barrick Gold has shown a 1.7% gain over the past month, reporting revenues of $2.75 billion and an EPS of $0.19, which is a 3.9% year-over-year increase [7][8] - Barrick Gold has a Zacks Rank of 1 (Strong Buy) and a VGM Score of B, indicating a more favorable outlook compared to Royal Gold [9]

Royal Gold (RGLD) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The change in a comp ...

Royal Gold, Inc. (RGLD) reported adjusted earnings per share (EPS) of 91 cents in first-quarter 2024, missing the Zacks Consensus Estimate of 95 cents. The bottom line declined 5% year over year.Including one-time items, the company reported EPS of 72 cents compared with the prior-year quarter’s 97 cents.The company generated revenues of $149 million, reflecting year-over-year dip 12.6%. The downside was driven by lower gold production at the Cortez Legacy Zone, lower gold and copper sales at Mount Milligan ...

Royal Gold, Inc. (NASDAQ:RGLD) Q1 2024 Results Conference Call May 9, 2024 12:00 PM ET Company Participants Alistair Baker - Vice President, Investor Relations & Business Development Bill Heissenbuttel - President & Chief Executive Officer Martin Raffield - Senior Vice President of Operations Paul Libner - Chief Financial Officer & Treasurer Randy Shefman - Senior Vice President and General Counsel Dan Breeze - Senior Vice President, Corporate Development of RG AG Conference Call Participants Cosmos Chiu - ...