Labrador Iron Ore Royalty Q3 EPS $0.38 Misses $0.45 Estimate, Sales $40.500M Beat $34.066M Estimate

Labrador Iron Ore Royalty (TSX:LIF) reported quarterly earnings of $0.38 per share which missed the analyst consensus estimate of $0.45 by 15.56 percent. This is a 19.15 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $40.500 million which beat the analyst consensus estimate of $34.066 million by 18.89 percent. This is a 7.95 percent decrease over sales of $44.000 million the same period last year.