Franco-Nevada Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Franco-Nevada Corporation (FNV) reported record adjusted earnings of $1.07 per share, beating the Zacks Consensus Estimate of$1.00. The bottom line increased 51% year over year.Franco-Nevada’s EBITDA Margin Rises Y/YThe company generated record revenues of $368 million in the reported quarter, up 43.5% year over year. The upside was driven by higher GEOs sold and record gold prices. In the March-end quarter, 79% of revenues were sourced from Precious Metal assets (67% gold, 10% silver and 2% platinum group ...