Osisko Gold Royalties Ltd (TSX:OR) Q3 2024 Earnings Report Preview: What to Expect

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Nov 05, 2024
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Osisko Gold Royalties Ltd (TSX:OR, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $59.94 million, and the earnings are expected to come in at $0.17 per share. The full year 2024's revenue is expected to be $251.86 million and the earnings are expected to be $0.60 per share. More detailed estimate data can be found on the Forecast page.

Osisko Gold Royalties Ltd (TSX:OR, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Osisko Gold Royalties Ltd (TSX:OR) for the full year 2024 have declined from $261.28 million to $251.86 million. For 2025, revenue estimates have increased from $302.12 million to $305.32 million. Earnings estimates for the full year 2024 have declined from $0.67 per share to $0.60 per share, while for 2025, they have increased from $0.81 per share to $0.84 per share.

Osisko Gold Royalties Ltd (TSX:OR, Financial) Reported History

In the previous quarter of June 30, 2024, Osisko Gold Royalties Ltd's (TSX:OR) actual revenue was $64.85 million, which missed analysts' revenue expectations of $67.98 million by -4.61%. Osisko Gold Royalties Ltd's (TSX:OR) actual earnings were -$0.11 per share, which missed analysts' earnings expectations of $0.14 per share by -178.57%. After releasing the results, Osisko Gold Royalties Ltd (TSX:OR) was down by -3.92% in one day.

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Osisko Gold Royalties Ltd (TSX:OR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 12 analysts, the average target price for Osisko Gold Royalties Ltd (TSX:OR) is $30.71 with a high estimate of $36 and a low estimate of $24.50. The average target implies an upside of 9.05% from the current price of $28.16.

Based on GuruFocus estimates, the estimated GF Value for Osisko Gold Royalties Ltd (TSX:OR, Financial) in one year is $22.73, suggesting a downside of -19.28% from the current price of $28.16.

Based on the consensus recommendation from 12 brokerage firms, Osisko Gold Royalties Ltd's (TSX:OR, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.