TORONTO (AP) — TORONTO (AP) — Franco-Nevada Corp. (FNV) on Thursday reported first-quarter earnings of $209.8 million.
The Toronto-based company said it had profit of $1.09 per share. Earnings, adjusted for non-recurring gains, came to $1.07 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The precious metals streaming and royalty company posted revenue of $368.4 million in the period.
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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
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