Freehold Royalties Ltd expected to post earnings of 32cents a share - Earnings Preview

Freehold Royalties

04/11/2022 14:56

* Freehold Royalties Ltd  FRU.TO   is expected to show a
rise in
quarterly revenue when it reports  results on November 8. 
    * The Calgary Alberta-based  company is expected to report 
a
98.2% increase in revenue to C$100.4 million from C$50.66
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 32 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Freehold
Royalties Ltd is C$19.5​, above​ its last closing price
of C$17.37. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.44        0.45       0.39      Missed  -12.8​
 Sep. 30 2021  0.35        0.34       0.33      Missed  -4
 ​​Jun.        0.30        0.30       0.25      Missed  -15.5
 30 2021                                                
 Mar. 31 2021  0.26        0.25       0.19      Missed  -25​
 Dec. 31 2020  0.18        0.17       0.17      Met     -1.2
 Sep. 30 2020  0.13        0.14       0.01      Missed  -92.6
 This summary was machine generated November 4 at 14:56 GMT.  All
figures in Canadian dollars  unless otherwise stated