earnings-and-revenue-history

Automotive Properties Real Estate Investment Trust Reports Third Quarter 2022 Earnings

Beth McCandry

Automotive Properties Real Estate Investment Trust (TSE:APR.UN) Third Quarter 2022 Results

Key financial results

  • Revenue: CA$20.7m (up 6.3% from 3Q 2021).
  • Net income: CA$8.90m (down 71% from 3Q 2021).
  • Profit margin: 43%.

TSX:APR.UN Earnings and Revenue History November 13th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Automotive Properties Real Estate Investment Trust Earnings Insights

Looking ahead, revenue is forecast to grow 8.4% pa on average during the next 3 years, compared to a 4.1% growth forecast for the REITs industry in Canada.

Performance of the Canadian REITs industry.

The company’s share price is broadly unchanged from a week ago.

Risk Analysis

Don’t forget that there may still be risks. For instance, we’ve identified 3 warning signs for Automotive Properties Real Estate Investment Trust (1 is concerning) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.