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

Crombie Real Estate Investment Trust

07/05/2024 03:09

* Crombie Real Estate Investment Trust  CRR_u.TO   is
expected
to show a rise in quarterly revenue when it reports  results on
May 8 for the period ending March 31 2024
    * The New Glasgow Nova Scotia-based  company is expected to
report
a 10.6% increase in revenue to $118.991 million from $107.55
million a year ago, according to the estimate from one analyst,
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$12.83. ​​​

This summary was machine generated May 7 at 02:08 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)