NASDAQ$RGLD

Royal Gold Inc. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Royal Gold reported increased revenue and net income compared to the prior year quarter.

Royal Gold reported a strong fourth quarter with increased revenue of $120.0 million and net income of $49.0 million. The company benefited from higher average gold and silver prices and increased royalty revenue from Peñasquito and Cortez.

  • Revenue increased by 3.7% to $120.0 million.
  • Operating cash flow increased by 26.7% to $91.6 million.
  • Volume of GEOs decreased by 20.7% to 70,100.
  • Dividends paid increased by 5.7% to $18.4 million.

Headline financials

Total Revenue

$120M

Previous: $116M+3.7%
EPS (adj)

$0.53

Previous: $0.40+32.5%
Cash Dividends Declared Per Share

$18.4M

Previous: $17.4M+5.9%
Net Income

$49M

Previous: $26.5M+85.2%
Operating Income

$44.6M

Previous: $40.7M+9.5%
Gross Profit

$52.9M

Previous: $48.7M+8.7%
Cash & Equivalents

$319M

Previous: $119M+167.1%
Total Assets

$2.77B

Previous: $2.54B+8.7%
Stock-Based Comp

$833K

Previous: $1.11M-24.8%

Revenue & EPS history

Royal Gold · Revenue · Quarterly

$120M

Q4 2020+3.7%vs Q4 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Royal Gold did not provide specific forward guidance in this earnings report. However, they mentioned expectations for future contributions from the Khoemacau silver stream and continued focus on balance sheet strength and dividend growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.5%

Avg return

Earnings day

+0.8%

Avg return

5 days after

-0.6%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+23.1%

Q2 2016

Best reaction

-24.4%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%+3.5%-13.0%
Q4 2025-2.3%+3.7%-22.5%
Q3 2025-2.2%+8.1%+16.4%
Q1 2025-2.2%-7.3%-3.7%
Q4 2024+4.3%-2.8%+0.5%
Q3 2024-0.6%-3.2%-2.7%
Q2 2024-1.0%+3.3%+3.8%
Q1 2024+1.1%+2.0%-0.2%
Q4 2023+2.7%-0.3%+3.7%
Q3 2023+2.2%+4.8%+17.7%
Q2 2023-2.7%-2.1%-3.7%
Q1 2023+4.6%+3.0%-9.9%
Q4 2022-2.5%-3.2%-0.4%
Q3 2022-9.8%-1.3%+17.1%
Q2 2022-1.6%+0.4%-13.3%
Q1 2022+1.0%-5.8%-11.6%
Q4 2021+9.0%+7.4%+24.2%
Q3 2021+3.6%+3.1%+5.8%
Q2 2021-1.5%+3.4%-0.9%
Q1 2021+1.0%-1.1%-9.4%
Q4 2020-0.5%-10.4%-10.2%
Q3 2020+5.9%+3.4%-4.6%
Q2 2020-2.1%-3.9%-5.8%
Q1 2020+2.7%+1.4%+2.6%
Q4 2019+5.9%+7.1%+8.7%
Q3 2019-6.3%-6.3%+1.1%
Q2 2019-3.0%-1.7%+1.5%
Q1 2019-1.1%-2.0%-5.6%
Q4 2018-0.4%-1.2%-11.0%
Q3 2018+0.5%+0.2%+1.9%
Q2 2018+0.2%+1.6%+0.0%
Q1 2018+3.0%+5.6%-1.5%
Q4 2017+2.6%+2.2%+9.8%
Q3 2017+7.0%+10.3%+10.5%
Q2 2017-1.9%-0.8%-9.3%
Q1 2017+9.7%+8.4%+2.4%
Q4 2016-0.5%-1.8%-10.5%
Q3 2016+7.5%
Q2 2016+23.1%
Q1 2016-24.4%
Q4 2015+2.4%
Q3 2015-0.4%
Q2 2015-7.7%
Q1 2015-9.3%
Q4 2014+2.9%
Q3 2014+0.9%
Q2 2014+0.6%
Q1 2014-2.2%
Q4 2013+12.5%
Q3 2013+0.9%
Q2 2013-1.4%
Q1 2013-3.8%
Q4 2012-4.2%
Q3 2012+0.1%
Q2 2012-5.0%
Q1 2012-1.3%
Q4 2011+1.8%
Q4 2009+1.8%
Q3 2010+3.7%
Q3 2011+3.7%
Q2 2011-1.7%
Q2 2010-1.7%
Q1 2011+3.7%
Q4 2010+3.7%
Q1 2010+3.7%

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