Crombie Real Estate Investment Trust expected to post earnings of 29centsa share - Earnings Preview

Crombie Real Estate Investment Trust

09/05/2023 03:05

* Crombie Real Estate Investment Trust  CRR_u.TO   is
expected
to show a rise in quarterly revenue when it reports  results on
May 10. 
    * The New Glasgow Nova Scotia-based  company is expected to
report
 a 13.6% increase in revenue to C$103.835 million from C$91.39
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 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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$18​, above​ its last closing price
of C$15.33. ​​​

This summary was machine generated May 9 at 02:04 GMT.  All
figures in Canadian dollars  unless otherwise stated