Franco-Nevada Corp reports results for the quarter ended in January - Earnings Summary
Franco-Nevada Corp FNV.TO reported quarterly adjusted earnings of 75 cents per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of eleven analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 76 cents to 94 cents per share.
Revenue fell 21.2% to $260.10 million from a year ago; analysts expected $258.00 million.
Franco-Nevada Corp's reported EPS for the quarter was 41 cents.
The company reported quarterly net income of $79.5 million.
Franco-Nevada Corp shares had risen by 4.6% this quarter and gained 11.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 7.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the gold peer group is also "buy"
Wall Street's median 12-month price target for Franco-Nevada Corp is $139.00
This summary was machine generated from LSEG data August 14 at 12:07 a.m. UTC. All figures in US 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2024 | 0.82 | 0.75 | Missed |
Mar. 31 2024 | 0.72 | 0.76 | Beat |
Dec. 31 2023 | 0.84 | 0.90 | Beat |
Sep. 30 2023 | 0.89 | 0.91 | Beat |
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