Royal Gold: Q1 Earnings Snapshot
DENVER (AP) _ Royal Gold Inc. (RGLD) on Wednesday reported first-quarter earnings of $65.7 million.
On a per-share basis, the Denver-based company said it had net income of $1. Earnings, adjusted for non-recurring gains, were 99 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.
The manager of precious metal royalties posted revenue of $162.4 million in the period.