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CAR.UN Canadian Apartment Properties Real Estate Investment Trust News Story

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Canadian Apartment Properties Real Estate Investment Trust 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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