Tricon Residential Inc reports results for the quarter ended in June - Earnings Summary

Tricon Residential

10/08/2022 23:31

* Tricon Residential Inc  TCN.TO  reported quarterly
adjusted
earnings of 85 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 8
cents per share.
    * Revenue rose 47.5% to $175.52 million from a year ago;
analysts
expected $112.22 million. 
    * Tricon Residential Inc's reported EPS for the quarter was
85
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Tricon Residential Inc shares had risen by 11.8% this
quarter and lost 24.6% so far this year.
    * The company reported quarterly net income of $415.84
million.
    * Wall Street's median 12-month price target for Tricon
Residential Inc is C$19.63 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 10:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.15           0.16           Beat
 Mar. 31 2022      0.15           0.14           Missed
 Dec. 31 2021      0.13           0.15           Beat
 Sep. 30 2021      0.13           0.14           Beat