Yahoo Finance Crombie Real Estate Investment Trust Reports Third Quarter 2022 Earnings
Crombie Real Estate Investment Trust (TSE:CRR.UN) Third Quarter 2022 Results
Key Financial Results
Revenue: CA$103.6m (up 3.0% from 3Q 2021).
Net income: CA$26.4m (up 11% from 3Q 2021).
Profit margin: 26% (up from 24% in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Crombie Real Estate Investment Trust Earnings Insights
Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the REITs industry in Canada.
Performance of the Canadian REITs industry.
The company's shares are up 5.8% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Crombie Real Estate Investment Trust (at least 2 which are a bit concerning), and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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