Triple Flag Precious Metals Reports Q4 Profit Beat
Toronto-based Triple Flag Precious Metals Corp. (TFPM) announced a fourth-quarter profit of $41.3 million, surpassing Wall Street expectations. This equates to earnings per share of 20 cents. Adjusted for non-recurring gains, earnings were 18 cents per share.
Analysts polled by Zacks Investment Research had forecasted earnings of 17 cents per share.
During the same period, the company generated revenue of $74.2 million. For the full year, TFPM reported a loss of $23.1 million and revenue of $269 million.