Versamet Royalties Corporation reports results for the quarter ended September 30 - Earnings Summary

• Versamet Royalties Corporation VMET.TO reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of three analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 3 cents to 11 cents per share.

• Revenue rose 164.4% to C$29.55 million from a year ago; analysts expected C$21.55 million.

• Versamet Royalties Corporation's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of C$5.71 million.

• Versamet Royalties Corporation shares had risen by 6.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 33.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

This summary was machine generated from LSEG data November 10 at 09:46 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)