Royal Gold, Inc. Quarterly Earnings Sneak Peek

Royal Gold, Inc. (NASDAQ:RGLD) will unveil its latest earnings on Thursday, August 11, 2011. Royal Gold Inc, together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties. The Company owns royalty interests that are currently in development stage.

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Royal Gold, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 40 cents per share, a rise of 90.5% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down, but has risen from 39 cents during the last month. For the year, analysts are projecting profit of $1.28 per share, a rise of 56.1% from last year.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the third quarter, it reported net income of 35 cents per share against a mean estimate of 39 cents. Two quarters ago, it beat expectations by 5 cents with profit of 33 cents.

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Wall St. Revenue Expectations: On average, analysts predict $59.4 million in revenue this quarter, a rise of 46% from the year ago quarter. Analysts are forecasting total revenue of $218 million for the year, a rise of 59.6% from last year’s revenue of $136.6 million.

Analyst Ratings: Analysts seem relatively indifferent about Royal Gold with three of five analysts surveyed maintaining a hold rating.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 69.2%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 82.6% from the year earlier quarter.

Competitors to Watch: Newmont Mining Corporation (NYSE:NEM), Alto Group Holdings Inc. (ALTO), U.S. Gold Corporation (NYSE:UXG), Allied Nevada Gold Corp. (AMEX:ANV), Barrick Gold Corp. (NYSE:ABX), Coeur d’Alene Mines Corp. (NYSE:CDE), Rio Tinto plc (NYSE:RIO), Vista Gold Corp. (AMEX:VGZ), SPDR Gold Trust (NYSE:GLD), SPDR Silver Trust (NYSE:SLV) and Paramount Gold and Silver Corp. (AMEX:PZG)

Stock Price Performance: During May 11, 2011 to August 5, 2011, the stock price had risen $8.88 (15.4%) from $57.66 to $66.54. The stock price saw one of its best stretches over the last year between April 12, 2011 and April 21, 2011 when shares rose for eight-straight days, rising 15% (+$7.84) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 5.9% (-$3.66) over that span. Shares are up $12.24 (+22.5%) year to date.

(Source: Xignite Financials)

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