Royal Gold Reports Strong Q4 Earnings
Royal Gold Inc. (RGLD) announced fourth-quarter earnings of $107.4 million on Wednesday, exceeding Wall Street expectations.
On a per-share basis, the Denver-based company reported net income of $1.63, surpassing the average analyst estimate of $1.49 provided by Zacks Investment Research.
Revenue for the quarter totaled $202.6 million. For the full year, Royal Gold recorded a profit of $332 million or $5.04 per share, with revenue reaching $719.4 million.
The precious metal royalties manager's strong performance underscores the company's continued growth and financial health.