Royal Gold (RGLD) Q4 Earnings Top Estimates, Revenues Dip Y/Y

Royal Gold, Inc. (RGLD) reported adjusted earnings per share (EPS) of 95 cents in the fourth quarter of 2023, beating the Zacks Consensus Estimate of 75 cents. The bottom line increased 5% year over year due to lower revenues and higher interest expenses.Including one-time items, the company reported an EPS of 95 cents compared with the prior-year quarter’s 86 cents.RGLD generated revenues of $153 million, down 6.3% year over year. The downside resulted primarily from lower gold and copper sales at Mount Mi ...