Franco-Nevada Q4 Earnings: Good Not Great

After what was arguably a terrible year for Franco-Nevada (TSX: FNV), the company actually managed to pull off a decent fourth quarter. The major royalty holder hit consensus estimates for both earnings per share and revenue.

While they failed to hit the original guidance issued for 2024, Franco did manage to reach the upper end of revised guidance. Which after the year they had, is basically a major win.

And to top it off, they are trading up on a day when nearly everything in the market is deep in the red. 

Lets dive in.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Video Articles

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

Royal Ascent: The Market Likes Companies Packaging Up An Off-The-Top Interest

The gold bull continues apace, and is the only consistent source of strength in venture-class...

Tuesday, February 4, 2020, 09:58:26 AM

First Quantum Sees Concentrate Loading Operations Halted At Cobre Panama Mine

First Quantum (TSX: FM) this morning revealed that it has been unable to load concentrate...

Monday, February 6, 2023, 09:01:31 AM

First Quantum Sees Cobre Panama Mine Suspend Operations

As we reported earlier this week, First Quantum (TSX: FM) has officially halted processing operations...

Thursday, February 23, 2023, 08:10:01 AM

EMX Royalty Borrows $35 Million From Franco-Nevada To Repay Sprott Loan

EMX Royalty (TSX: EMX) is trading one lender for another, after borrowing $35 million from...

Thursday, June 20, 2024, 09:05:33 AM

Franco-Nevada Reports Lower Q2 2024 Earnings, 21% Revenue Decline

Franco-Nevada (TSX: FNV) reported its second-quarter results for 2024, revealing a notable decline in revenue...

Wednesday, August 14, 2024, 09:44:00 AM