Franco-Nevada (FNV) Q4 Earnings Top Estimates, Sales Fall Y/Y
Franco-Nevada(FNV) Zacks Investment Research·2024-03-06 22:41
Franco-Nevada Corporation (FNV) reported adjusted earnings per share (EPS) of 90 cents for the fourth quarter of 2023, up 5% from the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate of 80 cents.The company generated revenues of $303 million in the reported quarter, marking a year-over-year decline of 5.3%. The downside was due to lower gas, platinum group metals and oil prices, partly offset by higher gold prices. During the December quarter, 78.7% of revenues were sourced from Pr ...