Tricon Residential Inc expected to post a share - Earnings Preview

Tricon Residential

23/02/2024 21:09

* Tricon Residential Inc  TCN.TO   is expected to show a
fall in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Toronto Ontario-based  company is expected to report a
40.0% decrease in revenue to $117.4 million from $195.71 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Tricon Residential Inc
is for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 Tricon
Residential Inc is C$11.55​, below​ its last closing price
of C$15.02. ​​​

This summary was machine generated February 23 at 21:09 GMT. 
All figures in US 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)