Can Franco-Nevada Corporation (NYSE:FNV) Show Upward Trend after Earnings?

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stock recommendation

Franco-Nevada Corporation (NYSE:FNV) moved down -0.06% and closed its last trading session at $64.6. This Basic Materials Sector stock currently has the Market Capitalization of 11.51 Billion. The Average Volume for the stock is measured as 708.54 Million. The Stock has a 52-Week High of $81.16 and 52-Week Low of $53.31 following the dates, it touched its 52-Week High on Aug 10, 2016 and 52-Week Low on Dec 15, 2016. Currently, the Return on Assets value for the trailing twelve months is 0% with the Return on Equity and Return on Investment of 0% and 0% respectively. This firm currently has YTD (year to date) performance of 8.1 Percent which is awesome. The Short Ratio for the stock is 5.56.

Franco-Nevada Corporation (NYSE:FNV) Price to Earnings (P/E) ratio is 115.98. EPS or Earning per Share stands at $0.56. The TTM operating margin is 0 percent.

Franco-Nevada Corporation (NYSE:FNV) reports its Earnings on Wed 22 Mar (In 3 Days). The estimated EPS for the current quarter is said to be $0.2. Following Earnings result, share price were UP 6 times out of last 8 Qtrs. The stock has reduced about -0.6% since it reported its last earnings. The Closing price of Franco-Nevada Corporation (NYSE:FNV) at Last Earnings was $64.99 as compared to the previous closing price of $64.64. The Predicted Move on the 7th day after Franco-Nevada Corporation (NYSE:FNV) will release its earnings at about 5%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Franco-Nevada Corporation (NYSE:FNV) beats earnings by 50%, The Stock Missed Earnings  3  times and has met earnings  3  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Franco-Nevada Corporation (NYSE:FNV) reported its previous quarter on 11/07/2016 where it reported the Actual Earnings of $0.3. The Closing price before the company posted its earnings was $64.99. The Stock declined on the very next day of earnings and maintained its stock price at $64.94 by showing a % change of -0.08 percent from its previous closing price. The Next Day Volume after Earnings was reported as 572565. On the 7th day After Earnings Report, the stock hit its share price as $55.65 by showing -14.37% decrease from the Stock price Before Earnings were reported.

On 08/08/2016, the stock reported the EPS of $0.22 where Analysts were projecting the EPS to be $0.19 showing a difference of $0.03. Thus Surprise Factor was there with 15.8 percent. Before Earnings Announcement on 08/08/2016, the firm had its stock price of $77.09. And immediately on the next day after earnings announcement, the stock inclined 2.15% and closed its trading session at $78.75. On 7th Day after earnings release, Franco-Nevada Corporation (NYSE:FNV) surged to 0.42% from $77.09 to $77.41.

On 05/04/2016, Analysts were suspecting EPS of $0.13/share where Franco-Nevada Corporation (NYSE:FNV) reported its Actual EPS of $0.17. Thus showing a Surprise of 30.8 percent. The Closing Price of the stock before earnings was $64.11 while on the Next day the stock closed its trading session at $67.36 with a percentage change of 5.07% from the price of 64.11 before Earnings. The Stock Closing Price on the 7th day of earnings was $69.11.

Company Profile:

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, and Africa. It also has interests in silver ores; platinum group metals, including palladium; other minerals comprising base metals, iron ore, coal, and industrial and miscellaneous minerals; and oil and gas properties. As of March 10, 2016, the company had 262 mineral assets and 78 oil and gas assets. Franco-Nevada Corporation was incorporated in 2007 and is headquartered in Toronto, Canada.