The earnings call for Franco-Nevada's second quarter of 2025 was largely positive, highlighting record financial results, significant portfolio developments, and strong performance in the precious metals segment. Although there were some challenges with iron ore and oil prices, as well as increased costs, the overall performance and strategic acquisitions indicate a strong growth outlook.

Company Guidance -

Q3 2025

In Franco-Nevada Corporation's Second Quarter 2025 Results Conference Call, the company reported record financial achievements, surpassing previous milestones with new highs in revenue, operating cash flow, adjusted EBITDA margins, and earnings. The quarter saw a 2% increase in total GEOs sold, amounting to 112,093, with precious metal GEOs increasing by 12% year-over-year. Revenue reached a record $369.4 million, a 42% increase from the prior year, driven largely by higher gold prices, which rose by 40%, and silver prices, up 17%. Adjusted EBITDA rose 65% to $365.7 million. The cash cost per GEO was $299, with a margin near $3,000 per GEO. Franco-Nevada's available capital stood at approximately $1.35 billion, following a $250 million acquisition of a royalty on AngloGold's Arthur project. The company maintained its guidance for 2025, targeting 465,000 to 525,000 total GEOs, and remains optimistic about its growth outlook, driven by strategic acquisitions and potential project developments.

Record Financial Results

Franco-Nevada reported record revenue of $369.4 million, a 42% increase compared to the previous year, driven by high gold prices. Adjusted EBITDA was $365.7 million, a 65% increase year-over-year.

Significant Portfolio Developments

The company acquired a royalty on IAMGOLD's Cote Gold Mine, which achieved nameplate throughput ahead of schedule, and a royalty on AngloGold's Arthur project in Nevada.

Strong Precious Metals Performance

Precious metal GEOs sold were up 12% year-over-year, with gold prices averaging 40% higher and silver prices 17% higher than the previous year.

Constructive Developments in Panama

Approval of the preservation and safe maintenance plan for Cobre Panama, with shipments of remaining copper concentrate, and a positive shift in sentiment towards restarting operations.

Diversified Revenue Growth

Revenue from recent acquisitions like Yanacocha and Western Limb contributed positively, with expectations for more revenue from new mines like Tocantinzinho, Greenstone, and Salares Norte.

Available Capital for Future Acquisitions

With $1.35 billion in available capital, the company remains well-capitalized to add long-life, high-quality assets.

Franco-Nevada (FNV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FNV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	1.34 / -	0.8	―	―	―
Aug 11, 2025	2025 (Q2)	1.12 / 1.24	0.75	65.33% (+0.49)
May 08, 2025	2025 (Q1)	1.00 / 1.07	0.76	40.79% (+0.31)
Mar 10, 2025	2024 (Q4)	0.90 / 0.95	0.9	5.56% (+0.05)
Nov 06, 2024	2024 (Q3)	0.83 / 0.80	0.91	-12.09% (-0.11)
Aug 13, 2024	2024 (Q2)	0.79 / 0.75	0.95	-21.05% (-0.20)
May 01, 2024	2024 (Q1)	0.71 / 0.76	0.79	-3.80% (-0.03)
Mar 05, 2024	2023 (Q4)	0.80 / 0.90	0.86	4.65% (+0.04)
Nov 08, 2023	2023 (Q3)	0.90 / 0.91	0.83	9.64% (+0.08)
Aug 08, 2023	2023 (Q2)	0.89 / 0.95	1.02	-6.86% (-0.07)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FNV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	$171.59	$175.64	+2.36%
May 08, 2025	$164.87	$168.84	+2.41%
Mar 10, 2025	$142.58	$142.91	+0.23%
Nov 06, 2024	$131.15	$125.42	-4.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Franco-Nevada (FNV) report earnings?

Franco-Nevada (FNV) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).

What is Franco-Nevada (FNV) earnings time?

Franco-Nevada (FNV) earnings time is at Nov 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FNV EPS forecast?

FNV EPS forecast for the fiscal quarter 2025 (Q3) is 1.34.

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