Labrador Iron Ore Royalty Corp reports results for the quarter ended in December - Earnings Summary

Labrador Iron Ore Royalty

14/03/2022 01:39

* Labrador Iron Ore Royalty Corp  LIF.TO  reported quarterly
adjusted earnings of C$1.22​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 86 cents per share.
    * Revenue rose 10.4% to C$60.07 million from a year ago. 
    * Labrador Iron Ore Royalty Corp's reported EPS for the
quarter
was C$1.22​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Labrador Iron Ore Royalty Corp shares had risen by 34.0%
this
quarter.
    * The company reported quarterly net income of C$78.2
million.
    * Wall Street's median 12-month price target for Labrador
Iron Ore
Royalty Corp is C$40.00 
    * 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." 

This summary was machine generated March 14 at 01:39 a.m.  ​All
figures in Canadian dollars unless otherwise stated