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Royal Gold Earnings Beat Estimates in Q2, Rise Y/Y

Royal Gold, Inc. (NASDAQ: RGLD) reported adjusted earnings per share 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. Royal Gold, Inc. Price, Consensus and EPS Surprise Royal Gold, Inc. price-consensus-eps-surprise-chart | Royal Gold, Inc. Quote 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 also drove the results. However, the gains were partially offset by lower gold and silver sales at Pueblo Viejo. Stream revenues were $123 million and royalty revenues were ...