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How Will Franco-Nevada (FNV) Stock React To Its 2014 Second Quarter Earnings Results?

NEW YORK (TheStreet) -- Franco-Nevada Corp. (FNV - Get Report) reported an increase in net income to $36.9 million, or 25 cents per share for the 2014 second quarter, compared to $21.6 million, or 15 cents per share for the year ago quarter.

The gold-focused royalty and stream company said revenue grew by 15% to $107.7 million for the most recent quarter from the 2013 second quarter.

Franco-Nevada posted adjusted EBITDA of $87.2 million, or 59 cents per share, versus $75.2 million, or 51 cents per share for the same quarter last year.

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For the most recent quarter the company said adjusted net income rose to $36 million, or 24 cents per share. Adjusted net income for the 2013 second quarter was $31.9 million, or 22 cents per share.

TheStreet Ratings team rates FRANCO-NEVADA CORP as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:

"We rate FRANCO-NEVADA CORP (FNV) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, premium valuation and feeble growth in the company's earnings per share."

You can view the full analysis from the report here: FNV Ratings Report

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