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TORONTO (AP) — TORONTO (AP) — Franco-Nevada Corp. (FNV) on Wednesday reported third-quarter profit of $152.7 million.
The Toronto-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring costs, were 80 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.
The precious metals streaming and royalty company posted revenue of $275.7 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNV at https://www.zacks.com/ap/FNV