Labrador Iron Ore Royalty Corporation reports results for the quarter ended June 30 - Earnings Summary

Labrador Iron Ore Royalty

06/08/2026 03:04

Labrador Iron Ore Royalty Corporation LIF.TO reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 42 cents.  The mean expectation of three analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 21 cents to 54 cents per share.
Revenue fell 27.1% to C$34.10 million from a year ago. 
Labrador Iron Ore Royalty Corporation's reported EPS for the quarter was 17 cents​.
The company reported quarterly net income of C$11.25 million.
Labrador Iron Ore Royalty Corporation shares had fallen by 3.2% this quarter and lost 9.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 15.8% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is  "buy."
Wall Street's median 12-month price target for Labrador Iron Ore Royalty Corporation is C$29.50, about 7.4% above its last closing price of C$27.32
This summary was machine generated from LSEG data August 6 at 02:04 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.41
0.17
Missed
Mar. 31 2026 
0.48
0.21
Missed
Dec. 31 2025 
0.69
0.35
Missed
Sep. 30 2025 
0.72
0.47
Missed