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

Freehold Royalties

08/11/2022 23:26

* Freehold Royalties Ltd  FRU.TO  reported quarterly
adjusted
earnings of 42 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 32 cents per share.
    * Revenue rose 94.3% to C$98.42 million from a year ago;
analysts
expected C$100.40 million. 
    * Freehold Royalties Ltd's reported EPS for the quarter was
42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.7%
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 21.6% this
quarter and gained 50.1% so far this year.
    * The company reported quarterly net income of C$63.18
million.
    * Wall Street's median 12-month price target for Freehold
Royalties Ltd is C$19.50 
    * 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 November
8 at 11:26 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.52           0.54           Beat
 Jun. 30 2022      0.60           0.50           Missed
 Mar. 31 2022      0.47           0.46           Missed
 Dec. 31 2021      0.45           0.39           Missed