Altus Group Ltd reports results for the quarter ended June 30 - Earnings Summary
Altus Group Ltd reports results for the quarter ended June 30 - Earnings Summary
Altus Group Ltd AIF.TO reported quarterly adjusted earnings of 36 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 50 cents. The mean expectation of four analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 47 cents to 56 cents per share.
Revenue fell 14.3% to C$112.67 million from a year ago; analysts expected C$111.00 million.
Altus Group Ltd's reported EPS for the quarter was 1 cent.
The company reported quarterly net income of C$175 thousand.
Altus Group Ltd shares had risen by 3.8% this quarter and lost 17.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the real estate services peer group is "buy."
Wall Street's median 12-month price target for Altus Group Ltd is C$52.00, about 12.4% above its last closing price of C$45.57
This summary was machine generated from LSEG data August 7 at 12:09 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.51 | 0.36 | Missed |
Mar. 31 2026 | 0.38 | 0.42 | Beat |
Dec. 31 2025 | 0.57 | 0.67 | Beat |
Sep. 30 2025 | 0.45 | 0.38 | Missed |
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