Crombie Real Estate Investment Trust expected to post earnings of 28 centsa share - Earnings Preview

Crombie Real Estate Investment Trust

09/08/2022 03:03

* Crombie Real Estate Investment Trust  CRR_u.TO   is
expected
to show a rise in quarterly revenue when it reports  results on
August 10. 
    * The New Glasgow Nova Scotia-based  company is expected to
report
 a 16.9% increase in revenue to C$104.455 million from C$89.35
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Crombie Real Estate
Investment Trust is for earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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$18.25​, above​ its last closing
price of C$16.59. ​​​

This summary was machine generated August 9 at 02:03 GMT.  All
figures in Canadian dollars  unless otherwise stated