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

Freehold Royalties

11/05/2022 05:28

* Freehold Royalties Ltd  FRU.TO  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 138.4% to C$87.61 million from a year ago; 
analysts expected C$75.00 million. 
    * Freehold Royalties Ltd's reported EPS for the quarter was
25
cents​.
    * The mean earnings estimate of analysts had risen by
about 15.8%
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 0.6% this
quarter and
gained 23.6% so far this year.
    * The company reported quarterly net income of C$38.4
million.
    * Wall Street's median 12-month price target for Freehold
Royalties Ltd is C$19.25 
    * 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." 

This summary was machine generated May 11 at 04:27 a.m.  ​All
figures in Canadian dollars unless otherwise stated