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

Freehold Royalties

10/08/2022 05:55

* Freehold Royalties Ltd  FRU.TO  reported quarterly
adjusted
earnings of 44 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 39 cents per share.
    * Revenue rose 141.5% to C$108.50 million from a year ago. 
    * Freehold Royalties Ltd's reported EPS for the quarter was
44
cents​.
    * The mean earnings estimate of analysts had risen by
about 11.7%
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 risen by 7.5% this
quarter and
gained 17.5% so far this year.
    * The company reported quarterly net income of C$66.88
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 12 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 04:55 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.60           0.50           Missed
 Mar. 31 2022      0.47           0.46           Missed
 Dec. 31 2021      0.45           0.39           Missed
 Sep. 30 2021      0.34           0.33           Missed