Franco-Nevada: Q2 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — 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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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