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

First Capital Real Estate Investment Trust

02/02/2024 21:30

* First Capital Real Estate Investment Trust  FCR_u.TO   is
expected to show a fall in quarterly revenue when it reports 
results on February 6 for the period ending 
    * The Toronto Ontario-based  company is expected to report a
2.5% decrease in revenue to C$171.65 million from C$176.1
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for First Capital 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 8 "strong buy" or "buy," 1
"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 First
Capital
Real Estate Investment Trust is C$17.00​, above​ its last
closing price of C$15.90. ​​​

This summary was machine generated February 2 at 21:30 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)