Royal Gold Inc. Q1 Profit Declines 4%

(RTTNews) - Royal Gold Inc. (RGLD) released earnings for first quarter that retreated from last year.

The company said its profit fell to $28.63 million, or $0.44 per share. This was lower than $29.79 million, or $0.46 per share, in last year's first quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.6% to $112.48 million. This was down from $117.95 million last year.

Royal Gold Inc. earnings at a glance:

-Earnings (Q1): $28.63 Mln. vs. $29.79 Mln. last year. -Earnings Decline (Y-o-Y): -3.9% -EPS (Q1): $0.44 vs. $0.46 last year. -EPS Decline (Y-o-Y): -4.3% -Analysts Estimate: $0.38 -Revenue (Q1): $112.48 Mln vs. $117.95 Mln last year. -Revenue Change (Y-o-Y): -4.6%