OR Royalties Inc reports results for the quarter ended June 30 - Earnings Summary

• OR Royalties Inc OR reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of seven analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 16 cents to 25 cents per share.

• Revenue fell 6.9% to C$60.36 million from a year ago.

• OR Royalties Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of C$32.36 million.

• OR Royalties Inc shares had risen by 12.3% this quarter and gained 59.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.3% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for OR Royalties Inc is $32.00, about 7.8% above its last closing price of $29.49

This summary was machine generated from LSEG data August 5 at 11:29 p.m. UTC. ​All figures in Canadian 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)