The earnings call presented a strong quarter for Franco-Nevada, with record financial performance driven by high precious metal prices and strategic acquisitions. Despite some volatility in non-precious metal prices and operational uncertainties, the positive financials and growth prospects suggest a favorable outlook.

Company Guidance -

Q3 2025

During the second quarter of 2025, Franco-Nevada Corporation reported record financial results, bolstered by high gold prices. The company achieved a 42% increase in total revenue to $369.4 million, with precious metals accounting for 82% of the revenue. The total gold equivalent ounces (GEOs) sold increased by 2% to 112,093, and precious metal GEOs rose by 12% year-over-year. Adjusted EBITDA climbed by 65% to $365.7 million, and adjusted net income reached $238.5 million, or $1.24 per share, up 65% from the previous year. Franco-Nevada also completed several strategic acquisitions, including a royalty on IAMGOLD's Cote Gold Mine, which contributed to its diversified portfolio and long-term growth outlook. The company maintained its guidance for 2025, projecting 465,000 to 525,000 total GEOs, with expectations to remain on pace due to favorable commodity prices and contributions from new acquisitions.

Record-Breaking Financial Results

Franco-Nevada reported record revenue of $369.4 million and adjusted EBITDA of $365.7 million for Q2 2025, representing a 42% and 65% increase year-over-year, respectively.

Strong Precious Metal Prices

Gold and silver prices increased significantly, with average gold prices higher by 40% and silver by 17% year-over-year, contributing to high margins and record earnings.

New Royalties and Acquisitions

Franco-Nevada acquired royalties on IAMGOLD's Cote Gold Mine and AngloGold's Arthur project, adding significant potential to their portfolio.

Positive Developments in Panama

Constructive developments in Panama, including approval of a preservation and safe maintenance plan, are paving the way for potential operational restart.

Strong Cash Flow and Capital Availability

The company generated $1.3 billion in annual cash flow and has $1.35 billion in available capital after recent acquisitions.

Franco-Nevada (TSE: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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TSE:FNV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	1.90 / -	1.11	―	―	―
Aug 11, 2025	2025 (Q2)	1.55 / 1.72	1.041	65.33% (+0.68)
May 08, 2025	2025 (Q1)	1.38 / 1.48	1.055	40.79% (+0.43)
Mar 10, 2025	2024 (Q4)	1.24 / 1.32	1.249	5.56% (+0.07)
Nov 06, 2024	2024 (Q3)	1.15 / 1.11	1.263	-12.09% (-0.15)
Aug 13, 2024	2024 (Q2)	1.10 / 1.04	1.318	-21.05% (-0.28)
May 01, 2024	2024 (Q1)	0.99 / 1.05	1.096	-3.80% (-0.04)
Mar 05, 2024	2023 (Q4)	1.11 / 1.25	1.193	4.65% (+0.06)
Nov 08, 2023	2023 (Q3)	1.25 / 1.26	1.152	9.64% (+0.11)
Aug 08, 2023	2023 (Q2)	1.24 / 1.32	1.415	-6.86% (-0.10)

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

TSE:FNV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	C$236.09	C$242.41	+2.68%
May 08, 2025	C$229.71	C$235.18	+2.38%
Mar 10, 2025	C$204.77	C$206.22	+0.71%
Nov 06, 2024	C$182.79	C$173.85	-4.89%

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 (TSE:FNV) report earnings?

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

What is Franco-Nevada (TSE:FNV) earnings time?

Franco-Nevada (TSE: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 TSE:FNV EPS forecast?

TSE:FNV EPS forecast for the fiscal quarter 2025 (Q3) is 1.9.

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