Canadian Apartment Properties Real Estate Investment Trust expected to post earnings of 60centsa share - Earnings Preview

Canadian Apartment Properties Real Estate Investment Trust

02/08/2023 03:05

* Canadian Apartment Properties Real Estate Investment Trust
 CAR_u.TO   is expected to show a rise in quarterly revenue when
it reports  results on August 3. 
    * The Toronto Ontario-based  company is expected to report 
a
3.6% increase in revenue to C$260.75 million from C$251.69
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 60 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Canadian
Apartment Properties Real Estate Investment Trust is C$57.5​,
above​ its last closing price of C$50.89. ​​​

This summary was machine generated August 2 at 02:05 GMT.  All
figures in Canadian dollars  unless otherwise stated