Canadian Apartment Properties Real Estate Investment Trust <CAR_u.TO> expected to post a share - Earnings Preview
Canadian Apartment Properties Real Estate Investment Trust CAR_u.TO is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024
The Toronto Ontario-based company is expected to report a 2.8% increase in revenue to C$279.55 million from C$271.84 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (SAL is on Total Revenue basis)
LSEG's mean analyst estimate for Canadian Apartment Properties Real Estate Investment Trust is for earnings of 64 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Canadian Apartment Properties Real Estate Investment Trust is C$54.68, above its last closing price of C$41.63.
This summary was machine generated February 11 at 21:38 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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