Franco-Nevada: Q4 Earnings Snapshot

TORONTO (AP) — Franco-Nevada Corp. FNV) on Tuesday reported fourth-quarter profit of $367.7 million. The Toronto-based company said it had profit of $1.90 per share.
TORONTO (AP) — TORONTO (AP) — Franco-Nevada Corp. (FNV) on Tuesday reported fourth-quarter profit of $367.7 million. The Toronto-based company said it had profit of $1.90 per share. Earnings, adjusted for non-recurring gains, came to $1.85 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share. The precious metals streaming and royalty company posted revenue of $597.3 million in the period. For the year, the company reported profit of $1.11 billion, or $5.76 per share. Revenue was reported as $1.82 billion. _____ 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