Canadian Apartment Properties Real Estate Investment Trust expected to post earnings of 58 centsa share - Earnings Preview

Canadian Apartment Properties Real Estate Investment Trust

13/05/2022 21:51

* Canadian Apartment Properties Real Estate Investment Trust
 CAR_u.TO   is expected to show a rise in quarterly revenue when
it reports  results on May 16. 
    * The Toronto Ontario-based  company is expected to report 
a
6.9% increase in revenue to C$243.3 million from C$227.51
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Canadian Apartment
Properties Real Estate Investment Trust is for earnings
of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 1
"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$67​,
above​ its last closing price of C$47.81. ​​​

This summary was machine generated May 13 at 20:51 GMT.  All
figures in Canadian dollars  unless otherwise stated