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BSR Real Estate Investment Trust (TSE:HOM.UN)
TSX:HOM.UN
RESEARCH TOOLSreports
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 3.27%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted BSR REIT's ability to maintain strong occupancy and reduce debt despite facing challenging market conditions. Notable achievements included the completion of a new apartment community and a strategic acquisition in a growing market. However, the call also noted challenges such as a decrease in same community NOI and average rent, as well as declines in FFO and AFFO.Company Guidance
During the BSR REIT Q4 2024 financial results conference call, several key metrics and guidance were discussed. The REIT maintained a strong occupancy rate of 95.6% despite challenging market conditions and a decrease in lease rates. They retired $4.5 million of long-term debt in the fourth quarter, bringing the total debt retired in 2024 to $8.8 million. Same community revenue was flat compared to Q4 2023, while same community NOI declined by 2.6% due to increased property taxes. FFO and AFFO each decreased by $0.02 per unit. The REIT's debt to gross book value ratio was 46.5%, and total liquidity stood at $136 million. The company plans to capitalize on the declining new apartment completions in key markets—Austin, Dallas, and Houston—and is positioned to make approximately $200 million in acquisitions following the sale of properties to AvalonBay. Due to the current market variability, BSR REIT did not provide financial guidance for 2025.Strong Occupancy Maintained
Despite challenging market dynamics, BSR REIT maintained a strong occupancy rate of 95.6% during Q4 2024.
Debt Reduction Achievement
BSR REIT retired $4.5 million of long-term debt in Q4 and a total of $8.8 million in 2024.
Completion of New Apartment Community
Construction was completed on Aura 35Fifty, a new 238-unit apartment community in the Austin MSA.
Acquisition of Venue at Craig Ranch Apartments
BSR acquired a Class A property with 277 apartment units in McKinney, Dallas Fort Worth, for $61 million.
Recognition as Best Places to Work
For the third year in a row, BSR was named one of the Best Places to Work in multifamily and especially for women.
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BSR Real Estate Investment Trust (TSE:HOM.UN) Earnings, Revenues Date & History
TSE:HOM.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:HOM.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | C$18.36 | C$17.92 | -2.40% |
| Nov 07, 2024 | C$17.59 | C$17.64 | +0.28% |
| Aug 06, 2024 | C$17.19 | C$17.12 | -0.41% |
| May 08, 2024 | C$14.80 | C$14.80 | 0.00% |
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 BSR Real Estate Investment Trust (TSE:HOM.UN) report earnings?
BSR Real Estate Investment Trust (TSE:HOM.UN) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is BSR Real Estate Investment Trust (TSE:HOM.UN) earnings time?
BSR Real Estate Investment Trust (TSE:HOM.UN) earnings time is at May 13, 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:HOM.UN EPS forecast?
Currently, no data Available
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