TORONTO (AP) 鈥� TORONTO (AP) 鈥� Franco-Nevada Corp. (FNV) on Tuesday reported second-quarter profit of $354 million.
The Toronto-based company said it had profit of $1.83 per share. Earnings, adjusted for non-recurring gains, came to $1.81 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.95 per share.
The precious metals streaming and royalty company posted revenue of $580.9 million in the period.
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