Why Osisko Gold (OR) Could Beat Earnings Estimates Again

Core Viewpoint - Osisko Gold Royalties is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of performance in this regard [1]. Group 1: Earnings Performance - The company has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 9.09% [2]. - In the last reported quarter, Osisko Gold achieved earnings of $0.12 per share, surpassing the Zacks Consensus Estimate of $0.11 per share, resulting in a surprise of 9.09% [3]. Group 2: Earnings Estimates and Predictions - Recent favorable changes in earnings estimates for Osisko Gold indicate a positive Earnings ESP (Expected Surprise Prediction), which is a strong indicator of a potential earnings beat [4]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests that stocks like Osisko Gold have a nearly 70% chance of producing a positive surprise [5]. Group 3: Earnings ESP Insights - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6]. - Currently, Osisko Gold has an Earnings ESP of +2.04%, indicating increased analyst optimism regarding its near-term earnings potential [7].