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Boardwalk REIT (TSE:BEI.UN)
TSX:BEI.UN
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
3.22Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 3.33%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The call highlights strong financial performance with increased rental revenue, high occupancy rates, and strategic capital allocation. However, challenges such as increased vacancy loss and negative leasing spreads in Calgary were noted. Overall, while the company faces some market challenges, its financial position and strategic initiatives remain robust.Company Guidance
During the Boardwalk Real Estate Investment Trust's First Quarter 2025 earnings call, the company provided several key metrics indicating strong financial performance and an optimistic outlook for the year. Same-property rental revenue increased by 7.5%, while the same-property net operating income rose by 10.3%. The operating margin improved by 160 basis points, and the same-property funds from operations per unit grew by 11.1%. Occupancy remained high at 98%, with renewal spreads at 5.3% in April 2025 for Alberta. The company also revised its 2025 guidance, forecasting same-property NOI growth between 5.5% and 8.5%, and FFO per unit between $4.35 and $4.60. Additionally, Boardwalk has maintained a strong balance sheet with $273 million in liquidity. Despite a balanced rental market due to new supply, the company continues to emphasize the demand for its affordable, high-quality housing.Increase in Rental Revenue and NOI
Same-property rental revenue increased by 7.5% and same-property net operating income (NOI) increased by 10.3% compared to the same quarter last year.
High Occupancy Rates
Strong portfolio occupancy at 98% with high demand for affordable rental housing.
Strategic Capital Allocation
Investment of approximately $352,000 into value-add projects and successful acquisitions and dispositions totaling $210 million of real estate transactions.
Increased Distribution
Confirmed next three regular monthly distributions equating to $1.62 per trust unit on an annualized basis, representing a 12.5% increase from the prior year.
Strong Financial Position
The trust maintains approximately $27 million in cash and an undrawn $246 million operating line, providing a flexible financial position.
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TSE:BEI.UN 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
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TSE:BEI.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 06, 2025 | C$64.82 | C$66.20 | +2.13% |
| Feb 20, 2025 | C$62.87 | C$63.96 | +1.74% |
| Nov 05, 2024 | C$71.08 | C$70.98 | -0.15% |
| Jul 30, 2024 | C$77.63 | C$76.76 | -1.12% |
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.
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FAQ
When does Boardwalk REIT (TSE:BEI.UN) report earnings?
Boardwalk REIT (TSE:BEI.UN) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Boardwalk REIT (TSE:BEI.UN) earnings time?
Boardwalk REIT (TSE:BEI.UN) earnings time is at Aug 07, 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 TSE:BEI.UN EPS forecast?
Currently, no data Available
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