Labrador Iron Ore Royalty Corp expected to post earnings of 86  cents a share - Earnings Preview

Labrador Iron Ore Royalty

09/03/2022 21:08

* Labrador Iron Ore Royalty Corp  LIF.TO   is expected
to report 
results on March 11. 
    * ​Refinitiv's mean analyst estimate for Labrador Iron Ore
Royalty
Corp is for earnings of 86 cents per share. For the same quarter
last year, the company reported earnings of C$1.16 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Labrador
Iron Ore
Royalty Corp is C$40​, below​ its last closing price of C$48.40.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.33        1.38       1.64      Beat    18.7
 Jun. 30 2021  1.73        1.80       1.72      Missed  -4.4
 Mar. 31 2021  1.57        1.58       1.35      Missed  -14.4​
 Dec. 31 2020  1.16        1.16       1.16      Met     0.4
 ​​Sep.        1.03        1.04       0.90      Missed  -13.2
 30 2020                                                
 Jun. 30 2020  0.79        0.79       0.76      Missed  -3.4​
 Mar. 31 2020  0.69        0.70       0.73      Beat    4.5
 Dec. 31 2019  0.84        0.82       0.74      Missed  -9.4
 This summary was machine generated March 9 at 21:08 GMT.  All
figures in Canadian dollars  unless otherwise stated