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CT Real Estate Investment (TSE:CRT.UN)
TSX:CRT.UN
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.35Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: 3.90%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
CT REIT reported strong occupancy rates, NOI growth, AFFO growth, and a robust development pipeline. The REIT also announced a distribution increase, reflecting financial strength. However, higher interest expenses due to refinancing are expected. Overall, positive performance outweighs the negative aspects.Company Guidance
In the CT REIT's Q1 2025 earnings call, the company reported a steady occupancy rate of 99.4% and a 4.6% increase in net operating income (NOI), driven by growth in same-property NOI of 3.1% and acquisitions. Same-store NOI grew by 1.5%, while adjusted funds from operations (AFFO) per unit increased by 3.9%. The Board of Trustees approved a 2.5% increase in distributions, marking the 12th increase since the initial public offering, resulting in a cumulative distribution increase of 45.9% and a compound annual growth rate of 3.3%. The quarter also saw a development fee from Canadian Tire for zoning work, and CT REIT's development pipeline included 20 projects with a total committed investment of $331 million, poised to add 891,000 square feet to its portfolio. Financial metrics remained strong, with an interest coverage ratio of 3.55 times and an indebtedness ratio of 40.3%.Strong Occupancy and NOI Growth
CT REIT maintained a stable occupancy rate of 99.4% and reported a same-store NOI growth of 1.5% and overall NOI growth of 4.6%, driven by recent acquisitions, developments, and a development fee.
Distribution Increase
CT REIT's Board approved a 2.5% increase in distributions payable in July 2025, marking the 12th increase since the IPO in 2013, with a cumulative increase of 45.9% in distributions.
Record AFFO Growth
AFFO per unit grew by 3.9% in Q1, demonstrating strong financial performance and allowing for a reduction in the AFFO payout ratio to 72.2%.
Strong Development Pipeline
CT REIT has a robust development pipeline with 20 projects, representing a committed investment of $331 million and expected to add 891,000 square feet to the portfolio.
TSE:CRT.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:CRT.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | C$14.86 | C$15.18 | +2.15% |
Feb 10, 2025 | C$14.51 | C$14.68 | +1.17% |
Nov 05, 2024 | C$14.70 | C$14.65 | -0.34% |
Aug 01, 2024 | C$13.65 | C$13.90 | +1.83% |
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 CT Real Estate Investment (TSE:CRT.UN) report earnings?
CT Real Estate Investment (TSE:CRT.UN) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is CT Real Estate Investment (TSE:CRT.UN) earnings time?
CT Real Estate Investment (TSE:CRT.UN) 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 TSE:CRT.UN EPS forecast?
Currently, no data Available