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 metals).FNV sold 100,623 GEOs from Precious Metal assets in the reported quarter, up 8% from the prior-year quarter. The upside was driven by lower deliveries from Cobre Panama (as the mine remains in preservation and safe management) and Antamina, partially offset by higher contributions from Antapaccay, Guadalupe-Palmarejo and Subika.In the reported quarter, adjusted EBITDA was up 49% year over year to $322 million. Adjusted EBITDA margin was 87.4% in the quarter, indicating an expansion from 84.2% in the first quarter of 2024.Franco-Nevada Corporation Price, Consensus and EPS Surprise Franco-Nevada Corporation price-consensus-eps-surprise-chart | Franco-Nevada Corporation QuoteFNV’s Q1 Financial PositionAt the end of first-quarter 2025, Franco-Nevada had $1.13 billion cash in hand, down from $1.45 billion as of the end of 2024. It recorded an operating cash flow of $289 million in the quarter under review, up from $179 million in the year-ago quarter.Franco-Nevada is debt-free and uses its free cash flow to expand its portfolio and pay out dividends. It now has an available capital of $2.1 billion.Franco-Nevada Stock’s Price PerformanceThe company’s shares have gained 27.9% in the past year compared with the industry’s growth of 45.7%. Image Source: Zacks Investment ResearchFNV’s Zacks RankFranco-Nevada currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Franco-Nevada’s Peer Performances in Q1Royal Gold, Inc. RGLD reported an adjusted EPS of $1.51 in the first quarter of 2025, beating the Zacks Consensus Estimate of $1.37. The bottom line increased 66% year over year.Royal Gold generated revenues of $193 million, up 30% year over year.B2Gold Corp BTG reported adjusted earnings per share (EPS) of 9 cents for first-quarter 2025, beating the Zacks Consensus Estimate of 8 cents. The bottom line improved 50% year over year.B2Gold generated revenues of $532 million in first-quarter 2025 compared with the prior-year quarter’s $461 million.Kinross Gold Corporation KGC posted adjusted earnings of 30 cents per share, up from the prior-year quarter’s 10 cents. The bottom line beat the Zacks Consensus Estimate of 22 cents.Kinross Gold’s revenues rose 38.4% year over year to $1.49 billion in the fourth quarter. KGC topped the Zacks Consensus Estimate of $1.29 billion.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kinross Gold Corporation (KGC): Free Stock Analysis Report Franco-Nevada Corporation (FNV): Free Stock Analysis Report Royal Gold, Inc. (RGLD): Free Stock Analysis Report B2Gold Corp (BTG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks