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CKI — Clarke News Story

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Canadian real estate firm Clarke posts Q4 net loss

Overview

Canada real estate firm reports Q4 net loss of C$0.4 mln vs profit of C$21.5 mln year ago

Comprehensive loss in Q4 primarily due to higher pension remeasurement losses

Outlook

Clarke did not provide specific guidance for future quarters or the full year in the press release

Result Drivers

FAIR VALUE ADJUSTMENTS - Q4 net loss due to absence of large fair value gains on investment properties seen in 2024

RENTAL REVENUE STABILITY - Hotel and rental revenue stable with new rental revenue offsetting lower hotel revenue

PENSION LOSSES - Higher pension remeasurement losses contributed to increased comprehensive losses in Q4

Company press release: ID:nCNWhXCCva

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Net Income-C$400,000
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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