Royal Gold (RGLD) Tops Q4 EPS by 18c

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Royal Gold Reports Strong Fourth Quarter and Full Year 2023 Operating and Financial Results

February 14, 2024 4:05 PM EST

DENVER--(BUSINESS WIRE)-- Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold, the Company, we, us, or our) reports net income of $239.4 million, or $3.63 per share, for the year ended December 31, 2023, on revenue of $605.7 million and operating cash flow of $415.8 million. Adjusted net income1 was $232.9 million, or $3.53 per share.

For the quarter ended December 31, 2023 (fourth quarter), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.

Sales volume for 2023 at metal prices used to provide GEO2 guidance was 315,600 GEOs3, slightly below the low end of the... More