Crombie Real Estate Investment Trust expected to post a share - Earnings Preview

Crombie Real Estate Investment Trust

19/02/2024 21:03

* Crombie Real Estate Investment Trust  CRR_u.TO   is
expected
to show a fall in quarterly revenue when it reports  results on
February 21 for the period ending December 31 2023
    * The New Glasgow Nova Scotia-based  company is expected to
report
a 1.2% decrease in revenue to C$106.615 million from C$107.94
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Crombie Real Estate
Investment
Trust is for earnings of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 Crombie
Real
Estate Investment Trust is C$15.00​, above​ its last closing
price of C$13.97. ​​​

This summary was machine generated February 19 at 21:03 GMT. 
All figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)