Franco-Nevada's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Franco-Nevada (NYSE:FNV) is scheduled to release its quarterly earnings report on March 5, 2024, with an expected EPS of $0.84. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price to past earnings reports, with a slight overall decline in share price following earnings announcements. Currently, FNV shares are trading at $106.99, marking a 17.17% decrease over the last 52 weeks, indicating potential investor concern ahead of the earnings release.
March 04, 2024 | 2:01 pm
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Franco-Nevada is anticipated to report an EPS of $0.84 in its upcoming earnings, with investor focus on potential earnings beat and future guidance. The stock has experienced a 17.17% decline over the past year, indicating potential investor concern.
The anticipation of Franco-Nevada's earnings report and its potential to beat EPS estimates could influence short-term stock performance. However, the stock's recent downward trend and the mixed historical reaction to earnings announcements suggest a cautious outlook. The emphasis on future guidance further adds to the uncertainty, making it challenging to predict the immediate stock price direction.
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