Royal Gold: Q4 Earnings Snapshot

Associated Press Finance
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DENVER (AP) — DENVER (AP) — Royal Gold Inc. (RGLD) on Wednesday reported fourth-quarter net income of $62.8 million.

The Denver-based company said it had net income of 95 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The manager of precious metal royalties posted revenue of $152.7 million in the period.

For the year, the company reported profit of $239.4 million, or $3.63 per share. Revenue was reported as $605.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGLD at https://www.zacks.com/ap/RGLD

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