Royal Gold, Inc. Third Quarter Earnings Sneak Peek

Royal Gold, Inc. (NASDAQ:RGLD) will unveil its latest earnings on Thursday, May 3, 2012. Royal Gold, together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties.

Royal Gold, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 49 cents per share, a rise of 40% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 57 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 50 cents during the last month. For the year, analysts are projecting net income of $1.81 per share, a rise of 40.3% from last year.

Past Earnings Performance: Last quarter, the company fell short of estimates by 0 cents, coming in at profit of 42 cents per share against a mean estimate of net income of 48 cents. The company fell in line with expectations in the first quarter.

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Wall St. Revenue Expectations: Analysts predict a rise of 25% in revenue from the year-earlier quarter to $69.4 million.

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

A Look Back: In the second quarter, profit rose 27.8% to $23.4 million (42 cents a share) from $18.3 million (33 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 22.2% to $68.8 million from $56.3 million.

Key Stats:

The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 42.2% over the last four quarters.

Stock Price Performance: Between February 1, 2012 and April 27, 2012, the stock price fell $15.16 (-19.6%), from $77.17 to $62.01. The stock price saw one of its best stretches over the last year between October 19, 2011 and October 28, 2011, when shares rose for eight straight days, increasing 15% (+$9.42) over that span. It saw one of its worst periods between September 20, 2011 and October 4, 2011 when shares fell for 11 straight days, dropping 25.1% (-$20.40) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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