Investing.com - Royal Gold reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Royal Gold announced earnings per share of $0.80 on revenue of $142.00. Analysts polled by Investing.com anticipated EPS of $0.78 on revenue of $152.86M.
Royal Gold shares are down 9% from the beginning of the year and are trading at $94.79 , down-from-52-week-high.
Royal Gold follows other major Materials sector earnings this month
Royal Gold's report follows an earnings beat by PPG Industries on Monday, who reported EPS of $1.86 on revenue of $4.58B, compared to forecasts EPS of $1.83 on revenue of $4.57B.
RPM had beat expectations on Wednesday, October 5, 2022 with first quarter EPS of $1.47 on revenue of $1.93B, compared to forecast for EPS of $1.33 on revenue of $1.89B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar