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Bridgemarq Real Estate Services, Inc. (BREUF)
:BREUF
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: 7.39%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and improvements in net earnings, driven by strategic acquisitions and strong market performance in Quebec. However, challenges in major real estate markets such as Toronto and Vancouver, along with a declining realtor count and high payout ratio, present notable concerns.Company Guidance
During the Bridgemarq Real Estate Services Inc. 2025 First Quarter Results Conference Call, the company reported significant financial growth and provided detailed insights into market conditions and operational developments. Revenue for Q1 surged to $78 million from $11.9 million the previous year, largely due to the acquisition of brokerage businesses. The company declared a dividend of $0.1125 per share, maintaining an annualized rate of $1.35 per share. The number of realtors in the network slightly declined by 1% to 20,845, which was better than the overall market's 3% decline. Net earnings improved to $6 million, a turnaround from a $400,000 loss in 2024, bolstered by a $5.7 million gain on exchangeable units. The Canadian residential market contracted by 7%, with notable declines in the Greater Toronto Area (23%) and Greater Vancouver (12%), while Quebec showed a 22% increase. Despite market challenges, the company emphasized its strategic focus on technology and AI to enhance realtor productivity and client engagement and highlighted its successful national advertising campaigns.Significant Revenue Increase
Revenue for Q1 was $78 million, a substantial increase from $11.9 million in the same quarter last year, reflecting the acquisition of brokerage businesses.
Net Earnings Improvement
The company reported net earnings of $6 million compared to a net loss of $400,000 in the previous year, driven by a $5.7 million gain from the fair valuation of exchangeable units.
Strong Quebec Market Performance
The Quebec residential real estate market saw a 22% increase in Q1, with a 13% rise in unit sales and a 9% increase in average selling price.
Launch of New Advertising Campaign
The 'Proudly Canadian' national advertising campaign was launched, enhancing brand visibility and providing digital assets for agents.
BREUF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BREUF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $10.15 | $10.60 | +4.43% |
Mar 14, 2025 | $8.94 | $9.18 | +2.68% |
Nov 15, 2024 | $10.49 | $10.16 | -3.15% |
Aug 13, 2024 | $8.58 | $8.94 | +4.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bridgemarq Real Estate Services, Inc. (BREUF) report earnings?
Bridgemarq Real Estate Services, Inc. (BREUF) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Bridgemarq Real Estate Services, Inc. (BREUF) earnings time?
Bridgemarq Real Estate Services, Inc. (BREUF) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BREUF EPS forecast?
BREUF EPS forecast for the fiscal quarter 2025 (Q2) is 0.19.