RioCan Real Estate Investment Trust expected to post a share - Earnings Preview

RioCan Real Estate Investment Trust

02/05/2025 23:31

RioCan Real Estate Investment Trust REI_u.TO  is expected to show a rise in quarterly revenue when it reports  results on May 5 for the period ending March 31 2025

The Toronto Ontario-based  company is expected to report a 9.1% increase in revenue to C$331.028 million from C$303.39 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for RioCan Real Estate Investment Trust is for earnings of 45 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for RioCan Real Estate Investment Trust is C$21.25​, above​ its last closing price of C$17.29. ​​​

This summary was machine generated May 2 at 22:31 GMT.  All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)