Canadian Apartment Properties Real Estate Investment Trust expected to post earnings of 61 centsa share - Earnings Preview

Canadian Apartment Properties Real Estate Investment Trust

05/11/2022 03:03

* Canadian Apartment Properties Real Estate Investment Trust
 CAR_u.TO   is expected to show a rise in quarterly revenue when
it reports  results on November 8. 
    * The Toronto Ontario-based  company is expected to report 
a
7.5% increase in revenue to C$253.8 million from C$236.1 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 61 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 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$41.93. ​​​

This summary was machine generated November 5 at 03:02 GMT.  All
figures in Canadian dollars  unless otherwise stated