Earnings Preview for Royal Gold

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Royal Gold RGLD releases its next round of earnings this Wednesday, February 03. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Royal Gold reporting earnings of $0.84 per share on sales of $151.40 million. Royal Gold EPS in the same period a year ago totaled $0.63. Revenue was $123.64 million.

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Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate, earnings would be up 33.33%. Revenue would be up 22.45% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 0.86 0.51 0.65 0.68
EPS Actual 0.82 0.53 0.68 0.63
Revenue Estimate 148.91 M 117.49 M 133.06 M 128.51 M
Revenue Actual 146.88 M 119.97 M 136.44 M 123.64 M

Stock Performance

Shares of Royal Gold were trading at $107.53 as of February 01. Over the last 52-week period, shares are down 5.87%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Royal Gold is scheduled to hold the call at 12:00:00 ET and can be accessed here.

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Posted In: EarningsBZI-EP
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