Canada's Genesis Land Q4 revenue rises on residential lot sales

Genesis Land Development

05/03/2026 22:58

Overview

Canada land developer's Q4 revenue rose yr/yr

Net earnings for Q4 increased compared to last year

Company sold 328 residential lots in Q4, up from 157 last year

Outlook

Genesis did not provide specific financial guidance for 2026

Result Drivers

LOT SALES - Genesis sold 328 residential lots in Q4 2025, up from 157 in Q4 2024, contributing to revenue growth

HOME SALES - Genesis sold 121 homes in Q4 2025, compared to 107 in Q4 2024, supporting increased revenue

HAZEL LANDS SALE - Sale of 40% stake in Hazel Lands Limited Partnership for $19.1 mln contributed to financial results

Company press release: ID:nCNWp9K3ba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
C$134.6 mln
Q4 Basic EPS
C$0.31


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)