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flag Augustine Asset Management invested in Royalty Pharma, which beat earnings forecasts and projects strong growth.

flag Augustine Asset Management Inc. invested $200,000 in Royalty Pharma PLC (NASDAQ:RPRX), buying 6,439 shares in the first quarter. flag Royalty Pharma reported earnings per share of $1.06, exceeding analyst forecasts by $0.07, and had a revenue of $839 million. flag Analysts predict the company will post 4.49 earnings per share for the current year. flag Royalty Pharma operates in the biopharmaceutical industry, focusing on acquiring royalties and funding innovations.

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