earnings
confidence high
sentiment positive
materiality 0.75
Royal Gold Q2 net income $81.2M, adjusted EPS $1.25 record; returns to net cash position
ROYAL GOLD INC
2024-Q2 EPS reported
$1.95
revenue$322,999,000
- Net income of $81.2M ($1.23 diluted EPS); adjusted net income of $82.6M ($1.25) – a quarterly record.
- Revenue of $174.1M, operating cash flow $113.5M, GEOs 74,500; adjusted EBITDA margin 81%.
- Repaid $100M debt in Q2 ($225M YTD), total debt reduced to $25M; returned to net cash position with ~$1B liquidity.
- Paid quarterly dividend of $0.40/share, up 7% YoY; acquired Back River royalties in Nunavut for $51M.