Labrador Iron Ore Royalty Corp expected to post earnings of C$1.00 a share - Earnings Preview

Labrador Iron Ore Royalty

03/05/2023 03:04

* Labrador Iron Ore Royalty Corp  LIF.TO   is expected
to report 
results on May 4. 
    * 
    * ​Refinitiv's mean analyst estimate for Labrador Iron Ore
Royalty
Corp is for earnings of C$1.00 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Labrador
Iron Ore
Royalty Corp is C$36​, above​ its last closing price of C$29.71.
​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.76        0.74       0.70      Missed  -5.7
 Sep. 30 2022  0.88        0.87       1.24      Beat    42
 Jun. 30 2022  1.28        1.30       1.23      Missed  -5.5​
 Mar. 31 2022  1.05        1.16       0.99      Missed  -14.5
 ​​Dec.        0.93        0.86       1.22      Beat    41.6
 31 2021                                                
 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
 This summary was machine generated May 3 at 02:04 GMT.  All
figures in Canadian dollars  unless otherwise stated