RioCan Real Estate Investment Trust expected to post earnings of 43centsa share - Earnings Preview

RioCan Real Estate Investment Trust

09/05/2023 01:13

* RioCan Real Estate Investment Trust  REI_u.TO   is
expected
to show a rise in quarterly revenue when it reports  results on
May 10. 
    * The Toronto Ontario-based  company is expected to report 
a
4.6% increase in revenue to C$307.6 million from C$293.98
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RioCan Real Estate
Investment Trust is for earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"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$25​, above​ its last closing price
of C$20.50. ​​​

This summary was machine generated May 9 at 00:13 GMT.  All
figures in Canadian dollars  unless otherwise stated