Freehold Royalties Ltd reports results for the quarter ended in December - Earnings Summary

Freehold Royalties

02/03/2023 05:18

* Freehold Royalties Ltd  FRU.TO  reported quarterly
adjusted
earnings of 27 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 31 cents per share.
    * Revenue rose 33.8% to C$98.50 million from a year ago. 
    * Freehold Royalties Ltd's reported EPS for the quarter was
27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Freehold Royalties Ltd shares had fallen by 2.2% this
quarter.
    * The company reported quarterly net income of C$40.74
million.
    * Wall Street's median 12-month price target for Freehold
Royalties Ltd is C$20.00 
    * 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." 

This summary was machine generated from Refinitiv data March 2
at 05:18 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.53           0.55           Beat
 Sep. 30 2022      0.52           0.54           Beat
 Jun. 30 2022      0.60           0.50           Missed
 Mar. 31 2022      0.47           0.46           Missed