Canadian Apartment Properties Real Estate Investment Trust expected to post earnings of 57centsa share - Earnings Preview

Canadian Apartment Properties Real Estate Investment Trust

21/02/2023 02:19

* 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 22. 
    * The Toronto Ontario-based  company is expected to report 
a
5.0% increase in revenue to C$252.75 million from C$240.68
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Canadian Apartment
Properties Real Estate Investment Trust is for earnings
of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 1
"hold" and 1 "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$55​,
above​ its last closing price of C$50.00. ​​​

This summary was machine generated February 21 at 02:19 GMT. 
All figures in Canadian dollars  unless otherwise stated