PrairieSky and Queen's Road Capital Announce Q2 and Q3 Earnings
Calgary, Tuesday, 15 July 2025.
PrairieSky reported CAD 123.6 million in Q2 revenue, while Queen’s Road Capital achieved USD 40.53 million in Q3, reflecting dynamic market conditions.
PrairieSky’s Performance in Q2 2025
PrairieSky Royalty Ltd. (TSX:PSK) reported its Q2 2025 earnings on July 14, revealing total revenues of CAD 123.6 million, down from CAD 135.6 million the previous year. This slight reduction was seen alongside a net income of CAD 56.3 million, compared to CAD 60.3 million a year ago. Despite the modest declines, PrairieSky managed to sustain its basic and diluted earnings per share from continuing operations at CAD 0.24 [1].
Sustained Growth for PrairieSky
Over the six months ending June 30, 2025, PrairieSky’s revenues reached CAD 251.7 million, a marginal decrease from CAD 256.3 million in the same period last year. However, net income saw an increase to CAD 114.7 million from CAD 107.8 million in 2024. The earnings per share also showed positive movement, rising to CAD 0.48 from CAD 0.45, indicating PrairieSky’s ability to maintain profitability amidst a fluctuating market [1].
Queen’s Road Capital’s Q3 2025 Results
Queen’s Road Capital Investment Ltd. reported its Q3 2025 results on July 14, with revenues of USD 40.53 million for the nine months ending May 31, 2025. This marks a significant increase from the previous year’s USD 31.63 million. The company’s net income also saw a rise to USD 39.49 million, up from USD 30.15 million, reflecting robust performance in challenging market conditions [2].
Income and Earnings Trends at Queen’s Road
While the nine-month revenue experienced a downward trend to USD 34.06 million from USD 81.68 million the year before, the net income remained strong at USD 30.27 million, though lower than the USD 78.05 million reported previously. Earnings per share decreased from USD 1.72 to USD 0.62, and diluted earnings per share also declined from USD 1.58 to USD 0.58, indicating some contraction in earnings despite revenue challenges [2].