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

SmartCentres Real Estate Investment Trust

12/02/2024 21:55

* SmartCentres Real Estate Investment Trust  SRU_u.TO   is
expected to show a rise in quarterly revenue when it reports 
results on February 14 for the period ending December 31 2023
    * The Vaughan Ontario-based  company is expected to report a
4.2% increase in revenue to C$214.9 million from C$206.22
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (Revenue Majority basis is
onTotal/Property Revenue)
    * ​LSEG's mean analyst estimate for SmartCentres Real Estate
Investment Trust is for earnings of 55 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 1 "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
SmartCentres Real
Estate Investment Trust is C$25.63​, above​ its last closing
price of C$24.45. ​​​

This summary was machine generated February 12 at 21:55 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)