Freehold Royalties Ltd expected to post earnings of 21  cents a share - Earnings Preview

Freehold Royalties

01/03/2022 03:01

* Freehold Royalties Ltd  FRU.TO   is expected to show a
rise in
quarterly revenue when it reports  results on March 2. 
    * The Calgary Alberta-based  company is expected to report 
a
198.5% increase in revenue to C$77 million from C$25.79 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Freehold Royalties
Ltd is
for earnings of 21 cents per share. For the same quarter last
year, the company reported breakeven results per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 Freehold
Royalties Ltd is C$17​, about 16.8% above​ its last closing
price of C$14.15. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.35        0.34       0.33      Missed  -4
 Jun. 30 2021  0.30        0.30       0.25      Missed  -15.5
 Mar. 31 2021  0.26        0.25       0.19      Missed  -25​
 Dec. 31 2020  0.18        0.17       0.17      Met     -1.2
 ​​Sep.        0.13        0.14       0.01      Missed  -92.6
 30 2020                                                
 Jun. 30 2020  0.07        0.07       0.11      Beat    69.2​
 Mar. 31 2020  0.19        0.20       0.26      Beat    33.3
 Dec. 31 2019  0.26        0.26       0.23      Missed  -11.5
 This summary was machine generated March 1 at 03:01 GMT.  All
figures in Canadian dollars  unless otherwise stated