Franco-Nevada Q3 Earnings Beat Estimates, Revenues Surge 77% Y/Y

Franco-Nevada Corporation (FNV) reported record adjusted earnings of $1.43 per share in the third quarter of 2025, beating the Zacks Consensus Estimate of $1.37. The bottom line surged 79% year over year.Franco-Nevada Corporation Price, Consensus and EPS Surprise  Franco-Nevada Corporation price-consensus-eps-surprise-chart | Franco-Nevada Corporation QuoteFranco-Nevada’s Q3 EBITDA Margin Rises Y/YThe company generated record revenues of $488 million in the reported quarter, surging 76.9% year over year, driven by record gold prices. In the September-end quarter, 85% of revenues were sourced from Precious Metal assets (72% gold, 11% silver and 2% platinum group metals).The company sold 138,772 Gold Equivalent Ounces (GEOs) from precious metal assets in the reported quarter, up 26% from the prior-year quarter’s 110,110 GEOs. The upside was driven by deliveries from Cobre Panama and contributions from Precious Metal assets. In the reported quarter, adjusted EBITDA surged 62.3% year over year to $427 million. The adjusted EBITDA margin was 87.6% in the quarter under review compared with 85.7% in the prior year-quarter.FNV’s Q3 Financial PositionThe company had $0.24 billion in cash in hand at the end of the third quarter of 2025, down from $1.45 billion as of the end of 2024. It recorded an operating cash flow of $1.07 billion in the first nine months of 2025, up from $0.59 billion in the prior-year period.Franco-Nevada is debt-free and uses its free cash flow to expand its portfolio and pay out dividends. Franco-Nevada’s 2025 OutlookFNV expects total GEO sales to be 495,000-525,000 for 2025, updated from the previously mentioned 465,000-525,000.FNV Stock’s Price PerformanceFranco-Nevada’s shares have gained 39.5% in the past year compared with the industry’s growth of 77.9%.  Image Source: Zacks Investment Research Franco-Nevada’s Zacks RankFNV currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Peer PerformancesNewmont Corporation (NEM) reported third-quarter 2025 adjusted earnings of $1.71 per share, up from 81 cents in the prior-year quarter. It topped the Zacks Consensus Estimate of $1.29.NEM’s revenues for the third quarter were $5.52 billion, up roughly 20% from $4.61 billion in the prior-year quarter. The figure topped the Zacks Consensus Estimate of $4.97 billion. The increase in the top line was primarily due to higher year-over-year realized gold prices. Agnico Eagle Mines Limited (AEM) posted adjusted earnings of $2.16 per share for the third quarter of 2025, up from $1.14 in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of $1.76.Agnico Eagle Mines generated revenues of $3.06 billion, up 41.9% year over year. The top line surpassed the Zacks Consensus Estimate of $2.73 billion.Kinross Gold Corporation (KGC) registered adjusted earnings of 44 cents per share compared with the prior-year quarter’s 24 cents. The bottom line beat the Zacks Consensus Estimate of 39 cents.Kinross Gold’s revenues rose 25.8% year over year to $1.80 billion in the third quarter. It topped the Zacks Consensus Estimate of $1.53 billion.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>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 Newmont Corporation (NEM): Free Stock Analysis Report Kinross Gold Corporation (KGC): Free Stock Analysis Report Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report Franco-Nevada Corporation (FNV): 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