Tricon Residential Inc expected to post earnings of 5 cents a share - Earnings Preview

Tricon Residential

08/11/2021 17:19

* Tricon Residential Inc  TCN.TO   is expected to show a fall in
quarterly revenue when it reports  results on November 10. 
* The Toronto, Ontario-based company is expected to report  a
19.2% decrease in revenue to $103.588 million from $128.15
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Tricon Residential Inc
is for earnings of 5 cents per share. For the same quarter last
year, the company reported earnings of 23 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "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 Tricon
Residential Inc is C$18.25​, about 2.6% above​ its last closing
price of C$17.78. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.12        0.12       0.14      Beat    20
 Mar. 31 2021  0.13        0.12       0.13      Beat    5.2
 Dec. 31 2020  0.12        0.12       0.21      Beat    81.6​
 Sep. 30 2020  0.11        0.11       0.11      Met     2.7
 ​​Jun.        0.09        0.09       0.11      Beat    17.2
 30 2020                                                
 Mar. 31 2020  0.11        0.11       0.13      Beat    22.7​
 Dec. 31 2019  0.11        0.11       0.16      Beat    42.7
 Sep. 30 2019  0.08        0.08       0.11      Beat    37.5
 This summary was machine generated November 8 at 17:19 GMT.  All
figures in US dollars unless otherwise stated