Franco-Nevada (FNV) got here out with quarterly earnings of $0.54 per share, beating the Zacks Cons
Franco-Nevada (FNV) got here out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.29 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 20%. 1 / 4 in the past, it was anticipated that this treasured metals streaming and royalty firm would put up earnings of $0.31 per share when it truly produced earnings of $0.34, delivering a shock of 9.68%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates thrice.
Franco-Nevada, which belongs to the Zacks Mining – Gold trade, posted revenues of $235.70 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 9.36%. This compares to year-ago revenues of $170.60 million. The corporate has topped consensus income estimates two occasions over the past 4 quarters.
The sustainability of the inventory’s fast value motion…