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November 8, 2024
PI Global Investments
Precious Metals

Triple Flag Precious Metals Corp reports results for the quarter ended in December


  • Triple Flag Precious Metals Corp TFPM reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of nine analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 7 cents to 9 cents per share.

  • Revenue rose 39.4% to $51.74 million from a year ago; analysts expected $50.15 million.

  • Triple Flag Precious Metals Corp’s reported EPS for the quarter was 5 cents​.

  • The company reported quarterly net income of $9.76 million.

  • Triple Flag Precious Metals Corp shares had fallen by 4.7% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2% in the last three months.​

  • In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 10 “strong buy” or “buy,” no “hold” and no “sell” or “strong sell.”

  • The average consensus recommendation for the gold peer group is also “buy”

Wall Street’s median 12-month price target for Triple Flag Precious Metals Corp is C$23.25

This summary was machine generated from LSEG data February 23 at 03:40 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2023

0.19

0.18

Missed

Sep. 30 2023

0.19

0.18

Missed

Jun. 30 2023

0.19

0.20

Beat

Mar. 31 2023

0.19

0.20

Beat



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