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Flagship Communities REIT Investment Trust (TSE:MHC.UN)
TSX:MHC.UN
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
3.24Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -0.64%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong start to the year with significant revenue growth, high occupancy, and recognition for community impact. However, challenges such as increased operating costs, pressure on home sales, and a stagnant transaction market were also highlighted.Company Guidance
During Flagship Communities REIT's first quarter 2025 earnings call, the company provided robust guidance based on strong financial metrics. Rental revenue increased by 24% compared to the previous year, while net operating income (NOI) improved by 23%. The Funds from Operations (FFO) adjusted per unit and Adjusted Funds from Operations (AFFO) adjusted per unit rose by 5.2% and 8.8%, respectively, year-over-year. The REIT also reported a 13% growth in both community revenue and same community NOI, while maintaining a same community NOI margin of 67%. Total lot occupancy was reported at 84.4% with an average monthly lot rent of $484. The company's efforts in sustainability and resident safety were highlighted, with initiatives like the installation of Flock security camera systems in 25% of its communities, and plans for further expansion. The management expressed confidence in their growth and integration strategies, supported by a stable financial position with a weighted average mortgage interest rate of 4.26% and total liquidity of approximately $15.6 million.Strong First Quarter Financial Performance
Rental revenue increased by 24% year-over-year. NOI improved by 23%, and FFO adjusted per unit and AFFO adjusted per unit rose by 5.2% and 8.8% respectively.
Community and Same-Store Growth
Community revenue and same community NOI grew by almost 13% year-over-year, with a stable same community NOI margin of 67%.
Recognition and Awards
Flagship was honored with the 2025 National Community Operator of the Year Award and the Community Impact Project of the Year for Suburban Pointe community.
High Rent Collection and Occupancy Rates
Rent collections for the quarter were 99.7%, with total portfolio occupancy at 84.4%.
Environmental and Community Initiatives
Implemented Flock security camera systems in 25% of communities and established a storm shelter in partnership with a local municipality.
Flagship Communities REIT Investment Trust (TSE:MHC.UN) Earnings, Revenues Date & History
TSE:MHC.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:MHC.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | C$24.71 | C$25.18 | +1.90% |
Mar 12, 2025 | C$22.00 | C$22.54 | +2.43% |
Nov 13, 2024 | C$20.09 | C$20.82 | +3.65% |
Aug 07, 2024 | C$18.52 | C$18.15 | -2.04% |
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 Flagship Communities REIT Investment Trust (TSE:MHC.UN) report earnings?
Flagship Communities REIT Investment Trust (TSE:MHC.UN) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Flagship Communities REIT Investment Trust (TSE:MHC.UN) earnings time?
Flagship Communities REIT Investment Trust (TSE:MHC.UN) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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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:MHC.UN EPS forecast?
Currently, no data Available