Leon's Furniture earned C$0.74 per share in its latest quarter, beating the C$0.59 estimate. The result was strong, but it included a gain from selling a property.
Leon's Furniture Limited (TSX: LNF) reported results for the quarter ended September 30, 2026, after markets closed on November 5. Calendar data shows earnings per share (EPS) of C$0.74, 25.4% above the C$0.59 estimate. That’s up from C$0.51 in the previous quarter. Still, one quarter doesn’t answer the bigger question: how is the retailer managing as consumers remain cautious? For more company details, see the LNF stock page.
Recent earnings trend
Leon's Furniture Limited
LNF.TO
LNF.TO
Leon's Furniture Limited
WealthAwesomeMarket cap
$2.01B
P/E
13.8x
Div. yield
5.43%
Div. / share
$1.46
52W high
$29.25
52W low
$23.01
1W change
+11.64%
Beta
0.92
Analyst Price Targets
Based on analyst covering LNF · as of Sep 17, 2026
Wall Street analysts forecast LNF stock price to rise 13.6% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$33.21
+13.6% Upside
Current Price
C$29.25
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on LNF's historical volatility
30-Day Vol
31.5%
Annualized
90-Day Vol
25.3%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$34.97
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$31.04 | C$27.85 – C$34.61 |
| 60 trading days | C$32.95 | C$28.26 – C$38.42 |
| 90 trading days | C$34.97 | C$28.97 – C$42.21 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-02-25 | — | 0.7400 | — |
| 2026-09-30 | 2026-11-05 | 0.7400 | 0.5900 | +25.4% |
| 2026-06-30 | 2026-08-06 | 0.5100 | 0.5200 | -1.9% |
| 2026-03-31 | 2026-05-06 | 0.2900 | 0.2900 | +0.0% |
| 2025-12-31 | 2026-02-24 | 0.7400 | 0.7700 | -3.9% |
| 2025-09-30 | 2025-11-05 | 0.6500 | 0.6100 | +6.6% |
Investor takeaway: The earnings surprise is encouraging, but it’s worth separating operating results from the boost to net income. Supplemental results coverage says net income included a C$12.5-million pre-tax gain from selling an Edmonton property, while revenue fell year over year. Earnings looked stronger than sales momentum. LNF.TO shares closed at C$29.25, up 8.86% for the day and at their reported 52-week high. That price move doesn’t guarantee further gains.
C$0.74 EPS versus C$0.59 expected
EPS beat the estimate by C$0.15 per share, or 25.4%. It also rose from C$0.51 in the June quarter. But the property-sale gain is an important factor when assessing the underlying earnings trend.
Bull case
Leon's may have turned modest sales into stronger earnings. Its established retail footprint and 5.43% dividend yield may also appeal to investors looking for income. EPS beat estimates after two quarters at or below them. The reported average analyst target of C$33.21 is above the C$29.25 closing price, though that target-based label isn’t a formal rating for this Canadian listing.
Bear case
Revenue reportedly fell 0.9% year over year to C$672.8 million, while system-wide sales declined 0.8%. The property-sale gain makes net income a less reliable measure of recurring performance. Recent EPS results have also been mixed: one beat, two misses, and one result in line with estimates across the last four comparable quarters. If household spending remains under pressure, weak sales could make the earnings improvement harder to sustain.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
