Franco-Nevada Corporation (FNV)
NYSE:FNV
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.23Last Year’s EPS
1.24Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was decisively positive on operating and financial performance: record revenue, EBITDA and adjusted net income driven by a strong commodity price environment, meaningful asset contributions, significant available capital, dividend growth and ESG recognition. Challenges noted were largely operational timing, higher depletion/costs from recent acquisitions, contract-specific uncertainties (e.g., Cobre Panama, NPIs), and some reporting conversion effects, but these were described as manageable and do not overshadow the strong quarter and balance sheet strength.Company Guidance
Record Financial Results
Revenue increased 77% year-over-year to $650.7 million; adjusted EBITDA rose 84% to $591.9 million; adjusted net income was $458.3 million (up 123%) and adjusted net income per share was $2.38 (up 122%).
Strong Commodity Price Environment
Average gold price was ~70% higher year-over-year; silver and platinum led gains with increases of ~165% and ~128% respectively, materially boosting precious metal revenue and GEO margins.
Improved GEO Metrics and Volume
Total GEOs sold increased 8% to 136,353 (precious metal GEOs +17% to 117,980). Margin per GEO rose 77% to $4,534 while cash cost per GEO increased ~12% to $341, demonstrating strong operating leverage to higher metal prices.
Material Asset Contributions
Antamina revenue jumped from $21.3 million to $82.3 million due to higher silver prices and deliveries; South Arturo GEOs were up 322% driven by Phase 1 open pit production; Cote and Porcupine contributed ~6,500 GEOs or ~$31.5 million in revenue.
Strategic Transactions and Realized Gain
Partial buyback of Cascabel stream/royalty generated a gain of $63.8 million (50% royalty sold for $97.5 million; 50% stream proceeds $40.7 million delivered via ~10,000 oz of inventory). Company completed 4 acquisitions/ financings during the quarter (Casa Berardi stream with Orezone, i-80 and Minerals 260 financings, third-party royalty on AurMac).
Robust Liquidity and Financial Flexibility
Available capital totaled $3.4 billion at quarter end (cash $715 million, credit facility including accordion $1.5 billion, liquid marketable securities $1.2 billion). Subsequent to quarter end, subsidiary credit facility added $500 million with a $250 million accordion.
Sustained Shareholder Returns
Quarterly dividend increased 16% in January to $0.44 per share ($1.76 annualized); $84.4 million paid in the quarter. This marks the 19th consecutive year of dividend increases.
ESG and Portfolio Reporting Recognition
MSCI ESG rating upgraded from AA to AAA; published annual sustainability report and an asset handbook detailing 121 cash-flow producing assets and mine-life optionality (M&I resources supporting ~34 years of production; inferred resources ~12 additional years).
FNV Earnings History
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 |
|---|---|---|---|
May 12, 2026 | $237.00 | $240.79 | +1.60% |
Mar 10, 2026 | $262.13 | $265.28 | +1.20% |
Nov 03, 2025 | $187.16 | $184.06 | -1.66% |
Aug 11, 2025 | $170.66 | $174.69 | +2.36% |
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 Corporation (FNV) report earnings?
Franco-Nevada Corporation (FNV) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Franco-Nevada Corporation (FNV) earnings time?
Franco-Nevada Corporation (FNV) earnings time is at Aug 12, 2026, 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 2026 (Q2) is 2.23.