Scotiabank Has Negative Opinion of TSE:LIF FY2026 Earnings

Labrador Iron Ore Royalty Co. (TSE:LIF – Free Report) – Equities researchers at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Labrador Iron Ore Royalty in a research note issued on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $0.54 per share for the year, down from their prior estimate of $1.19. The consensus estimate for Labrador Iron Ore Royalty’s current full-year earnings is $3.74 per share. Scotiabank also issued estimates for Labrador Iron Ore Royalty’s FY2027 earnings at $0.91 EPS.

Labrador Iron Ore Royalty Stock Up 4.2%

Shares of TSE LIF opened at C$21.61 on Thursday. Labrador Iron Ore Royalty has a 12-month low of C$20.65 and a 12-month high of C$31.97. The firm’s 50-day simple moving average is C$25.42 and its 200 day simple moving average is C$27.11. The company has a market cap of C$1.38 billion, a price-to-earnings ratio of 18.01, a price-to-earnings-growth ratio of 0.94 and a beta of 0.54.

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) 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 company had revenue of C$33.97 million for the quarter.

Labrador Iron Ore Royalty Company Profile

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The Corporation holds a 15.

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