Royal Gold reports Q4 EPS 95c, consensus 77c

Reports Q4 revenue $152.7M, two estimates $140.15M. “We finished 2023 on a strong note with solid financial results in the fourth quarter,” commented Bill Heissenbuttel, President and CEO of Royal Gold. “We took advantage of our strong cash flow during the year to repay debt and build our liquidity to be well-positioned for new acquisition opportunities that meet our investment criteria. We also kept our focus on increasing our return of capital to shareholders and we raised our dividend for the 23rd consecutive year, which remains an unparalleled record in the precious metals sector.”