FY2026 Earnings Estimate for TSE:LIF Issued By Scotiabank

Labrador Iron Ore Royalty Co. (TSE:LIF) – Research analysts at Scotiabank decreased their FY2026 EPS estimates for shares of Labrador Iron Ore Royalty in a research note issued on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings of $1.19 per share for the year, down from their prior estimate of $1.56. The consensus estimate for Labrador Iron Ore Royalty’s current full-year earnings is $3.74 per share.

Labrador Iron Ore Royalty (TSE:LIF) last issued its quarterly earnings results on Wednesday, August 5th. The company reported C$0.17 earnings per share (EPS) for the quarter. The business had revenue of C$33.97 million during the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%.

Labrador Iron Ore Royalty Stock Up 0.9%

Shares of Labrador Iron Ore Royalty stock opened at C$27.30 on Monday. The stock’s 50-day simple moving average is C$27.10 and its 200-day simple moving average is C$28.36. Labrador Iron Ore Royalty has a 52 week low of C$25.26 and a 52 week high of C$31.97. The company has a market capitalization of C$1.75 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 0.94 and a beta of 0.33.

Labrador Iron Ore Royalty Company Profile

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC’s sales of iron ore.