Tricon Residential Inc expected to post earnings of 8  cents a share - Earnings Preview

Tricon Residential

05/05/2023 23:07

* Tricon Residential Inc  TCN.TO   is expected to show a
fall in
quarterly revenue when it reports  results on May 9. 
    * The Toronto Ontario-based  company is expected to report 
a
20.7% decrease in revenue to $119.889 million from $151.2
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 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Tricon
Residential Inc is C$12.5​, above​ its last closing price
of C$10.76. ​​​

This summary was machine generated May 5 at 22:07 GMT.  All
figures in US dollars  unless otherwise stated