Overview
Chartwell Q3 resident revenue rises 32.3% yr/yr
Net loss of C$5.2 mln in Q3 2025, down from net income in Q3 2024
Company renews C$500 mln at-the-market equity distribution program
Outlook
Chartwell expects to achieve 95% occupancy by December 2025
Company anticipates continued growth in occupancy and cash flows in 2026 and beyond
Chartwell plans to enhance portfolio through acquisitions and development partnerships
Result Drivers
REVENUE GROWTH - Resident revenue increased by 32.3% in Q3 2025, driven by higher occupancy and operational efficiencies
OCCUPANCY IMPROVEMENT - Weighted average same property occupancy rose to 93.1%, up 470 bps from Q3 2024
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Resident Revenue
C$275.18 mln
Q3 Adjusted Resident Revenue
C$177.83 mln
Q3 Net Income
-C$5.21 mln
Q3 Adjusted Property Operating Expenses
C$103.10 mln
Q3 Property Operating Expenses
C$165.39 mln
Press Release: ID:nCNWKqSLza
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)