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

This Could Be the Next Multi-Million Ounce Gold Camp | Mike Bennett

Newmont Stock Drops Despite Massive Cash Flow — Here’s Why | Q4 Earnings

Strongest Gold Bull Market in 30 Years — And It’s Global | Michael Dehn

Recommended

Advanced Gold Acquires Nevada Property With Historic Production At 1,611 g/t Silver

Steadright: Atrium Research Initiates Coverage With $0.50 Price Target

Related News

Franco-Nevada Sees Revenue Decline 18% In Q1 2023

Franco-Nevada (NYSE: FNV) announced on Tuesday post-closing bell its Q1 2023 financial results, earning $276.3 million...

Wednesday, May 3, 2023, 12:05:00 PM

Gold Prices Could Reach $20,000, Chairman of Franco Nevada Makes the Prediction

Pierre Lassonde, who is a well-known Canadian businessman and philanthropist, in addition to being a...

Sunday, April 12, 2020, 03:05:41 PM

Skeena Closes $30.9 Million Financing From Franco-Nevada

Skeena Resources (TSX: SKE) has closed its previously announced private placement. The firm indicated on...

Monday, December 27, 2021, 01:02:00 PM

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 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