Equity Profile

OR

OR Royalties Inc.

MaterialsGold$5.4B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

OR Royalties Inc. operates in the gold industry, focusing on royalty and streaming agreements that provide it with a share of revenue from gold production....

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of the company's profitability and will help gauge how well OR is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth is crucial for understanding the company's ability to expand its operations and capture market share in the gold sector.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

OR Q2-2026 Earnings Preview

Context

Company Snapshot

OR Royalties Inc. operates in the gold industry, focusing on royalty and streaming agreements that provide it with a share of revenue from gold production. With a market cap of $5 billion, the company is positioned to benefit from trends in gold prices and demand for precious metals.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-16.51%

Avg Stock Reaction

+1.48%

Last Quarter Recap

In Q1-2026, OR Royalties reported an EPS of $0.29, missing estimates by 15.76%. Despite the miss, the stock saw a positive reaction, gaining 7.34% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautious ahead of the upcoming earnings report, especially given the company's recent history of missing EPS estimates. The market is looking for any signs of improvement in revenue and profitability.

Bull Case

If OR can surprise investors with better-than-expected EPS and revenue growth, it could signal a turnaround in performance and boost investor confidence.

Bear Case

On the other hand, continued misses on EPS and weak revenue could lead to further declines in stock price, especially if gold prices do not support growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS figure be for Q2-2026?

Given the company's recent history of missing EPS estimates, this figure will be critical in assessing management's performance and the company's financial health.

How have gold prices affected revenue this quarter?

Understanding the impact of gold prices on revenue will provide insight into the company's operational effectiveness and market conditions.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a rebound in gold prices, which could significantly boost OR's revenue this quarter.

Supporting Evidence

The options market is pricing a 22.97% move, indicating expectations of volatility that may not align with historical performance.

Recent trends in gold prices have shown signs of recovery, which could positively impact OR's revenue.

The company's recent stock performance suggests that investors are still optimistic about long-term growth despite recent misses.

Key Risk

If gold prices exceed $2,000 per ounce, it could dramatically change the revenue outlook for OR.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is pivotal as it follows a series of earnings misses, and investor sentiment is highly sensitive to any signs of recovery.

Bull Confirmed If

An EPS of $0.34 or higher would confirm the bull case and indicate improved profitability.

Bear Confirmed If

An EPS below $0.25 would support the bear case, suggesting ongoing struggles with profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±22.97%

Historical Avg

±2.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement.

Options are pricing ±23.0% while OR has averaged ±2.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

48.9%

Calls (16K)P/C Ratio: 0.26Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If OR beats expectations, history suggests the stock could rise by about 0.16% on the first day, confirming a positive trend.

In-Line / Cautious

If results are in line but cautious, the stock may see muted movement as investors digest the commentary.

Miss

A miss could lead to a decline of around 1.91% on the first day, reinforcing negative sentiment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on gold price forecasts and their expected impact on revenue.
2Management's commentary on operational efficiencies and cost management.
3Details on any new royalty agreements or partnerships.
4Insights into market demand for gold and how it may affect future earnings.
5Any guidance on expected performance for the next quarter.

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Company Snapshot

OR Royalties Inc. operates in the gold industry, focusing on royalty and streaming agreements that provide it with a share of revenue from gold production....

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of the company's profitability and will help gauge how well OR is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth is crucial for understanding the company's ability to expand its operations and capture market share in the gold sector.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

OR Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-16.51%

Avg Stock Reaction

+1.48%

Last Quarter Recap

In Q1-2026, OR Royalties reported an EPS of $0.29, missing estimates by 15.76%. Despite the miss, the stock saw a positive reaction, gaining 7.34% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If OR can surprise investors with better-than-expected EPS and revenue growth, it could signal a turnaround in performance and boost investor confidence.

Bear Case

On the other hand, continued misses on EPS and weak revenue could lead to further declines in stock price, especially if gold prices do not support growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS figure be for Q2-2026?

Given the company's recent history of missing EPS estimates, this figure will be critical in assessing management's performance and the company's financial health.

How have gold prices affected revenue this quarter?

Understanding the impact of gold prices on revenue will provide insight into the company's operational effectiveness and market conditions.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a rebound in gold prices, which could significantly boost OR's revenue this quarter.

Supporting Evidence

The options market is pricing a 22.97% move, indicating expectations of volatility that may not align with historical performance.

Recent trends in gold prices have shown signs of recovery, which could positively impact OR's revenue.

The company's recent stock performance suggests that investors are still optimistic about long-term growth despite recent misses.

Key Risk

If gold prices exceed $2,000 per ounce, it could dramatically change the revenue outlook for OR.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is pivotal as it follows a series of earnings misses, and investor sentiment is highly sensitive to any signs of recovery.

Bull Confirmed If

An EPS of $0.34 or higher would confirm the bull case and indicate improved profitability.

Bear Confirmed If

An EPS below $0.25 would support the bear case, suggesting ongoing struggles with profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±22.97%

Historical Avg

±2.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement.

Options are pricing ±23.0% while OR has averaged ±2.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

48.9%

Calls (16K)P/C Ratio: 0.26Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If OR beats expectations, history suggests the stock could rise by about 0.16% on the first day, confirming a positive trend.

In-Line / Cautious

If results are in line but cautious, the stock may see muted movement as investors digest the commentary.

Miss

A miss could lead to a decline of around 1.91% on the first day, reinforcing negative sentiment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on gold price forecasts and their expected impact on revenue.
2Management's commentary on operational efficiencies and cost management.
3Details on any new royalty agreements or partnerships.
4Insights into market demand for gold and how it may affect future earnings.
5Any guidance on expected performance for the next quarter.