Will Royal Gold (RGLD) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Royal Gold (RGLD) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 9.81% [1][2] - The company reported earnings of $1.51 per share in the last quarter, surpassing the Zacks Consensus Estimate of $1.37 per share by 10.22% [2] - Royal Gold's positive Earnings ESP of +6.85% indicates bullish sentiment among analysts regarding its earnings prospects [8] Earnings Performance - In the previous quarter, Royal Gold's earnings were $1.63 per share against an expected $1.49, resulting in a surprise of 9.40% [2] - The company has consistently shown a pattern of beating earnings estimates, which is a positive indicator for future performance [1][2] Analyst Sentiment - Recent estimates for Royal Gold have been trending upward, reflecting increased analyst confidence [5] - The combination of a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy) suggests a high likelihood of another earnings beat in the upcoming report [8] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]