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Granite Real Estate Investment Trust <GRT_u.TO> expected to post a share - Earnings Preview

ReutersMay 5, 2025 11:00 PM
  • Granite Real Estate Investment Trust GRT_u.TO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025

  • The Toronto Ontario-based company is expected to report a 8.2% increase in revenue to C$150.35 million from C$138.9 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Granite Real Estate Investment Trust is for earnings of C$1.41 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had risen by about 0.2% in the last three months. ​

  • Wall Street's median 12-month price target for Granite Real Estate Investment Trust is C$83.00​, above​ its last closing price of C$62.40. ​​​

This summary was machine generated May 5 at 23:00 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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