Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) is scheduled to issue its quarterly earnings data before the market opens on Monday, November 6th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.
Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) last released its quarterly earnings data on Tuesday, August 8th. The basic materials company reported $0.25 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. Franco-Nevada Corporation had a return on equity of 4.39% and a net margin of 21.26%. The business had revenue of $163.60 million for the quarter, compared to analysts’ expectations of $164.62 million. During the same quarter in the previous year, the business posted $0.22 EPS. Franco-Nevada Corporation’s revenue for the quarter was up 8.8% on a year-over-year basis. On average, analysts expect Franco-Nevada Corporation to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Franco-Nevada Corporation (FNV) opened at $79.61 on Friday. The firm has a market cap of $14.89 billion, a price-to-earnings ratio of 77.21, a PEG ratio of 19.65 and a beta of -0.14.
Several equities analysts have recently weighed in on FNV shares. Credit Suisse Group set a $78.00 price objective on Franco-Nevada Corporation and gave the company a “buy” rating in a report on Tuesday, July 18th. Scotiabank lifted their price objective on Franco-Nevada Corporation from $78.00 to $79.50 and gave the company a “sector perform” rating in a report on Thursday, August 10th. TD Securities set a $92.00 price objective on Franco-Nevada Corporation and gave the company a “buy” rating in a report on Thursday, October 19th. Zacks Investment Research upgraded Franco-Nevada Corporation from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a report on Wednesday, July 12th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Franco-Nevada Corporation in a report on Thursday, September 7th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $81.65.
About Franco-Nevada Corporation
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.
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