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Crombie Real Estate ate (TSE:CRR.UN)
TSX:CRR.UN
Earnings Data
Report Date
Nov 05, 2025After Close (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Crombie REIT demonstrated strong operational performance, marked by record occupancy rates, significant growth in FFO and AFFO, and strategic acquisitions. Successful partnerships and a credit rating upgrade further enhanced financial flexibility. Despite higher interest expenses and softer joint venture earnings, the overall outlook remains positive with a focus on long-term growth and stability.Company Guidance -
Q3 2025
Strong Operational Performance
Crombie REIT's committed occupancy reached 97.2%, marking the third consecutive quarter of record highs. Same-asset property cash NOI grew 2.8% with year-to-date performance at 3.0% at the top end of the target range.
Significant Growth in FFO and AFFO
Funds from operations (FFO) per unit grew by 6.3% year-over-year and adjusted funds from operations (AFFO) per unit increased by 7.1%. This growth was driven by strong leasing performance, rent escalations, and recurring revenue from strategic partnerships.
Strategic Acquisitions and Dispositions
Acquired four grocery properties in Atlantic Canada totaling 146,000 square feet for $21.2 million and sold a 140,000 square foot office property in Moncton for $8.5 million. These transactions reflect Crombie's strategy to focus on high-quality necessity-based retail properties.
Successful Partnerships
Partnerships with Montez and Wesgroup contributed $2.4 million to revenue from management and development services in the quarter. These partnerships are expected to provide recurring cash flow over multiple years.
Distribution Increase
Announced a $0.01 increase to the annual distribution, reflecting the stability of the platform, strategic discipline, and strong balance sheet.
Credit Rating Upgrade
Received a credit rating upgrade, enhancing long-term funding flexibility and supporting access to capital at attractive rates.
TSE:CRR.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
TSE:CRR.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 06, 2025 | C$14.46 | C$14.78 | +2.21% |
May 07, 2025 | C$14.87 | C$14.58 | -1.95% |
Feb 19, 2025 | C$13.66 | C$13.56 | -0.73% |
Nov 06, 2024 | C$14.35 | C$14.18 | -1.18% |
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 Crombie Real Estate ate (TSE:CRR.UN) report earnings?
Crombie Real Estate ate (TSE:CRR.UN) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).
What is Crombie Real Estate ate (TSE:CRR.UN) earnings time?
Crombie Real Estate ate (TSE:CRR.UN) earnings time is at Nov 05, 2025, After Close (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?
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What is TSE:CRR.UN EPS forecast?
Currently, no data Available