Freehold Royalties Ltd expected to post earnings of 22  cents a share - Earnings Preview

Freehold Royalties

05/05/2023 14:03

* Freehold Royalties Ltd  FRU.TO   is expected to show a
fall in
quarterly revenue when it reports  results on May 8
(estimated). 
    * The Calgary Alberta-based  company is expected to report 
a
4.7% decrease in revenue to C$83.5 million from C$87.61 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 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Freehold
Royalties Ltd is C$20​, above​ its last closing price
of C$13.85. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.52        0.53       0.55      Beat    3.3
 Sep. 30 2022  0.52        0.52       0.54      Beat    3.8
 Jun. 30 2022  0.61        0.60       0.50      Missed  -16.7​
 Mar. 31 2022  0.47        0.47       0.46      Missed  -1.5
 ​​Dec.        0.44        0.45       0.39      Missed  -12.8
 31 2021                                                
 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
 This summary was machine generated May 5 at 13:03 GMT.  All
figures in Canadian dollars  unless otherwise stated