Genesis Q3 net earnings fall, expects economic uncertainty to continue into 2026
Overview
Genesis Q3 2025 revenue increased to C$116.9 mln from C$93.1 mln in Q3 2024
Net earnings for Q3 2025 decreased to C$8.6 mln from C$12.0 mln in Q3 2024
Company declares special dividend of C$0.11 per share, totaling C$6.2 mln
Outlook
Genesis expects economic uncertainty to continue into 2026
Company monitors trade tensions, minimal direct exposure to U.S. imports
Genesis addresses cost increases and labor shortages with partners
Result Drivers
LOT SALES - Genesis attributes Q3 2025 revenue increase to higher residential lot sales
HOME SALES - Increased home sales contributed to Q3 2025 revenue growth
ECONOMIC UNCERTAINTY - Lower new home orders reflect current economic uncertainty
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue |
| C$116.93 mln |
|
Q3 Net Income |
| C$8.59 mln |
|
Q3 Basic EPS |
| C$0.16 |
|
Press Release: ID:nCNWHlh77a
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