Royal Gold Third Quarter 2022 Earnings: EPS: US$0.70 (vs US$1.07 in 3Q 2021)
Royal Gold (NASDAQ:RGLD) Third Quarter 2022 Results
Key Financial Results
Revenue: US$130.3m (down 24% from 3Q 2021).
Net income: US$45.8m (down 35% from 3Q 2021).
Profit margin: 35% (down from 41% in 3Q 2021). The decrease in margin was driven by lower revenue.
EPS: US$0.70 (down from US$1.07 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Royal Gold Earnings Insights
Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to remain flat.
Performance of the American Metals and Mining industry.
The company's shares are up 4.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Royal Gold you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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