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

Labrador Iron Ore Royalty

04/11/2022 24:03

* Labrador Iron Ore Royalty Corp  LIF.TO  reported quarterly
adjusted earnings of C$1.24​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 87 cents per share.
    * Revenue fell 14.2% to C$64.10 million from a year ago. 
    * Labrador Iron Ore Royalty Corp's reported EPS for the
quarter
was C$1.24​.
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Labrador Iron Ore Royalty Corp shares had fallen by 2.9%
this
quarter and lost 25.2% so far this year.
    * Wall Street's median 12-month price target for Labrador
Iron Ore
Royalty Corp is C$33.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
4 at 12:03 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.87           1.24           Beat
 Jun. 30 2022      1.30           1.23           Missed
 Mar. 31 2022      1.16           0.99           Missed
 Dec. 31 2021      0.86           1.22           Beat