Scotiabank Has Negative Outlook of TSE:LIF FY2026 Earnings

Labrador Iron Ore Royalty Co. (TSE:LIF) – Equities research analysts at Scotiabank dropped their FY2026 earnings estimates for shares of Labrador Iron Ore Royalty in a report issued on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings per share of $1.19 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 announced its earnings results on Wednesday, August 5th. The company reported C$0.17 EPS for the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%.The business had revenue of C$33.97 million for the quarter.

Labrador Iron Ore Royalty Trading Up 0.3%

Shares of TSE:LIF opened at C$27.06 on Monday. Labrador Iron Ore Royalty has a 1-year low of C$25.26 and a 1-year high of C$31.97. The stock has a market capitalization of C$1.73 billion, a P/E ratio of 22.55, a P/E/G ratio of 0.94 and a beta of 0.33. The business has a 50-day moving average price of C$27.14 and a two-hundred day moving average price of C$28.38.

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.