Q1 2019 EPS Estimates for Franco Nevada Corp (TSE:FNV) Lifted by Raymond James

Franco Nevada Corp (TSE:FNV) (NYSE:FNV) – Stock analysts at Raymond James boosted their Q1 2019 earnings estimates for Franco Nevada in a research note issued on Monday, April 8th, Zacks Investment Research reports. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.27. Raymond James also issued estimates for Franco Nevada’s Q2 2019 earnings at $0.39 EPS, Q3 2019 earnings at $0.41 EPS and Q4 2019 earnings at $0.44 EPS.

Franco Nevada (TSE:FNV) (NYSE:FNV) last posted its quarterly earnings results on Tuesday, March 19th. The company reported C$0.32 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.34 by C($0.02). The company had revenue of C$195.89 million during the quarter, compared to analyst estimates of C$214.64 million.

Separately, Canaccord Genuity decreased their target price on Franco Nevada from C$119.00 to C$118.00 in a research note on Tuesday, April 23rd.

TSE:FNV traded up C$0.20 during mid-day trading on Thursday, reaching C$94.93. The stock had a trading volume of 407,600 shares, compared to its average volume of 491,208. The company has a market capitalization of $17.76 billion and a price-to-earnings ratio of 127.08. Franco Nevada has a 1-year low of C$76.53 and a 1-year high of C$105.04. The company has a debt-to-equity ratio of 4.48, a quick ratio of 5.81 and a current ratio of 7.14.

About Franco Nevada

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Latin America, Australia, and Africa. It also holds interests in silver and platinum group metals; and oil, gas, and natural gas liquids. The company was incorporated in 2007 and is headquartered in Toronto, Canada.

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Earnings History and Estimates for Franco Nevada (TSE:FNV)

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