TORONTO (AP) — TORONTO (AP) — Franco-Nevada Corp. (FNV) on Monday reported second-quarter earnings of $247.1 million.
The Toronto-based company said it had net income of $1.28 per share. Earnings, adjusted for non-recurring gains, came to $1.24 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The precious metals streaming and royalty company posted revenue of $369.4 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNV at https://www.zacks.com/ap/FNV
/A%20concept%20image%20of%20space_%20Image%20by%20Canities%20via%20Shutterstock_.jpg)
/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
