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SmartCentres Real Estate Investment Trust (TSE:SRU.UN)
TSX:SRU.UN
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 07, 2025TBA (Confirmed)
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.72Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted strong operational performance with significant growth in Same Property NOI, high occupancy and cash collection rates, and successful leasing activities. Notable partnerships with major retailers like Walmart and Costco were secured, and development projects are progressing well. However, there were concerns about a fair value loss on investment properties and a slight decline in occupancy rates. Overall, the positive highlights significantly outweigh the lowlights.Company Guidance -
Q1 2025
Strong Same Property NOI Growth
The company reported a Same Property NOI growth of 4.1% overall and 6.7% excluding Anchors, demonstrating strong performance in their core retail business.
High Occupancy and Cash Collections
SmartCentres maintained a high occupancy rate of 98.4% with cash collections exceeding 99% during the quarter.
Successful Leasing and Expansion
The company successfully extended 68.4% of its 2025 lease maturities with positive leasing spreads of 6.3% all-in or 8.4% excluding Anchors.
Major Retailer Partnerships
SmartCentres secured significant partnerships with Walmart and Costco, both taking possession of new locations with 20-year initial lease terms.
FFO Per Unit Increase
FFO per fully diluted unit increased to $0.56 from $0.48 in the same quarter last year, driven by higher NOI and changes in fair value adjustments.
Development Projects Progress
The company is actively moving forward with several development projects, including the 340-unit ArtWalk Condo project and the 458-unit Millway apartments, now 96.5% leased.
SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Earnings, Revenues Date & History
TSE:SRU.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:SRU.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | C$25.43 | C$25.22 | -0.83% |
Feb 12, 2025 | C$24.00 | C$24.68 | +2.83% |
Nov 13, 2024 | C$23.93 | C$23.92 | -0.04% |
Aug 08, 2024 | C$22.47 | C$22.55 | +0.36% |
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 SmartCentres Real Estate Investment Trust (TSE:SRU.UN) report earnings?
SmartCentres Real Estate Investment Trust (TSE:SRU.UN) is schdueled to report earning on Aug 07, 2025, TBA (Confirmed).
What is SmartCentres Real Estate Investment Trust (TSE:SRU.UN) earnings time?
SmartCentres Real Estate Investment Trust (TSE:SRU.UN) earnings time is at Aug 07, 2025, TBA (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:SRU.UN EPS forecast?
Currently, no data Available