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

Tricon Residential

07/08/2023 15:00

* Tricon Residential Inc  TCN.TO   is expected to show a
fall in
quarterly revenue when it reports  results on August 9. 
    * The Toronto Ontario-based  company is expected to report 
a
34.6% decrease in revenue to $114.832 million from $175.52
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," 1
"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$11.63​, below​ its last closing price
of C$12.00. ​​​

This summary was machine generated August 7 at 14:00 GMT.  All
figures in US dollars  unless otherwise stated