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

Labrador Iron Ore Royalty

05/11/2021 01:36

* Labrador Iron Ore Royalty Corp  LIF.TO  reported quarterly
adjusted earnings of C$1.64​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of C$1.38 per share.
* Revenue rose 41.3% to C$74.71 million from a year ago. 
* Labrador Iron Ore Royalty Corp's reported EPS for the quarter
was C$1.64​.
* The mean earnings estimate of analysts had fallen by about 23%
in the last three months.​ 
* In the last 30 days five analysts negatively revised earnings
estimates 
* Labrador Iron Ore Royalty Corp shares had fallen by 2.3% this
quarter and gained 5.6% so far this year.
* The company reported quarterly net income of C$104.77 million.
* Wall Street's median 12-month price target for Labrador Iron
Ore Royalty Corp is C$41.00 
* 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 November 5 at 01:36 a.m.
 ​All figures in Canadian dollars unless otherwise stated