Franco-Nevada (FNV) Misses Q2 EPS by 2c

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Go back to Franco-Nevada (FNV) Misses Q2 EPS by 2c

Franco-Nevada Reports Q2 2015 Results and Declares Quarterly Dividend

August 10, 2015 4:34 PM EDT

TORONTO, Aug. 10, 2015 /PRNewswire/ - Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) today reported second quarter 2015 financial results realizing 83,040 Gold Equivalent Ounces ("GEOs")(1) from its mineral assets and $10.3 million in revenue from its oil & gas assets. Net Income and Adjusted Net Income(2) were $21.6 million, or $0.14 per share, and $22.9 million, or $0.15 per share, respectively, with Adjusted EBITDA(3) being $82.2 million, or $0.53 per share.

"Franco-Nevada's diversified portfolio continues to deliver very stable revenues and cash flows despite declining commodity prices," said David Harquail, President and CEO. "Our balance sheet remains very liquid with no... More