Royal Gold Inc. Q3 Profit Rises 172%

(RTTNews) - Royal Gold Inc. (RGLD) released earnings for its third quarter that rose from last year.

The company said its bottom line climbed to $29.79 million, or $0.46 per share. This was higher than $10.95 million, or $0.17 per share, in last year's third quarter.

Analysts had expected the company to earn $0.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 59.3% to $117.95 million. This was up from $74.06 million last year.

Royal Gold Inc. earnings at a glance:

-Earnings (Q3): $29.79 Mln. vs. $10.95 Mln. last year. -Earnings Growth (Y-o-Y): 172.1% -EPS (Q3): $0.46 vs. $0.17 last year. -EPS Growth (Y-o-Y): 170.6% -Analysts Estimate: $0.40 -Revenue (Q3): $117.95 Mln vs. $74.06 Mln last year. -Revenue Change (Y-o-Y): 59.3%