Charter Hall Long WALE REIT Past Earnings Performance

Past criteria checks 0/6

Charter Hall Long WALE REIT's earnings have been declining at an average annual rate of -24.4%, while the REITs industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 0.6% per year.

Key information

-24.4%

Earnings growth rate

-27.1%

EPS growth rate

REITs Industry Growth	12.4%
Revenue growth rate	0.6%
Return on equity	-15.2%
Net Margin	-354.6%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Here's Why We Think Charter Hall Long WALE REIT (ASX:CLW) Is Well Worth Watching

May 20

Shareholders Of Charter Hall Long WALE REIT (ASX:CLW) Must Be Happy With Their 42% Return

Mar 15

What Kind Of Shareholders Own Charter Hall Long WALE REIT (ASX:CLW)?

Feb 17

Revenue & Expenses Breakdown

How Charter Hall Long WALE REIT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:CLW Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	144	-511	35
31 Mar 24	85	-550	35
31 Dec 23	69	-588	4
30 Sep 23	146	-389	4
30 Jun 23	180	-189	35
31 Mar 23	358	137	20
31 Dec 22	537	463	4
30 Sep 22	644	688	4
30 Jun 22	750	912	4
31 Mar 22	751	961	4
31 Dec 21	753	1,009	3
30 Sep 21	629	814	3
30 Jun 21	505	618	3
31 Mar 21	421	429	3
31 Dec 20	338	240	4
30 Sep 20	287	181	3
30 Jun 20	236	122	3
31 Mar 20	202	123	3
31 Dec 19	168	124	2
30 Sep 19	151	97	2
30 Jun 19	133	70	2
31 Mar 19	129	67	1
31 Dec 18	124	64	-1
30 Sep 18	120	74	1
30 Jun 18	115	83	2
31 Mar 18	114	83	8
31 Dec 17	112	83	14
30 Sep 17	98	59	13
30 Jun 17	84	35	12
31 Mar 17	62	18	7
31 Dec 16	41	2	3
30 Sep 16	35	12	2
30 Jun 16	29	23	2

Quality Earnings: CLW is currently unprofitable.

Growing Profit Margin: CLW is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CLW is unprofitable, and losses have increased over the past 5 years at a rate of 24.4% per year.

Accelerating Growth: Unable to compare CLW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CLW is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (3.1%).

Return on Equity

High ROE: CLW has a negative Return on Equity (-15.16%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 13:50
End of Day Share Price	2024/12/19 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Charter Hall Long WALE REIT is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
Benjamin Brayshaw	Barrenjoey Markets Pty Limited
Mollie Urquhart	Barrenjoey Markets Pty Limited

Charter Hall Long WALE REIT Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2024 earnings released: AU$0.71 loss per share (vs AU$0.26 loss in FY 2023)

First half 2024 earnings released: AU$0.36 loss per share (vs AU$0.20 profit in 1H 2023)

Charter Hall Long WALE REIT to Report First Half, 2024 Results on Feb 08, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

First half 2023 earnings released: EPS: AU$0.20 (vs AU$0.92 in 1H 2022)

Charter Hall Long WALE REIT to Report First Half, 2023 Results on Feb 09, 2023

Recent updates

Fourth quarter dividend reduced to AU$0.063

Now 20% undervalued

Charter Hall Long WALE REIT, Annual General Meeting, Oct 21, 2024

Fourth quarter dividend of AU$0.063 announced

Full year 2024 earnings released: AU$0.71 loss per share (vs AU$0.26 loss in FY 2023)

Dividend of AU$0.065 announced

Now 21% overvalued

Dividend of AU$0.065 announced

Now 22% overvalued after recent price rise

Now 20% undervalued

First half 2024 earnings released: AU$0.36 loss per share (vs AU$0.20 profit in 1H 2023)

Upcoming dividend of AU$0.065 per share at 7.5% yield

Charter Hall Long WALE REIT to Report First Half, 2024 Results on Feb 08, 2024

Charter Hall Long WALE REIT Declares Dividend for the Quarter Ended December 31, 2023, Payable on February 14, 2023

Insufficient new directors

Charter Hall Long WALE REIT Declares Dividend for the Quarter Ended September 30, 2023, Payable on November 14, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Charter Hall Long WALE REIT, Annual General Meeting, Oct 19, 2023

First half 2023 earnings released: EPS: AU$0.20 (vs AU$0.92 in 1H 2022)

Upcoming dividend of AU$0.07 per share

Charter Hall Long Wale REIT Declares Distribution for the Quarter Period Ending 31 December 2022, Payable 14 February 2023

Charter Hall Long WALE REIT to Report First Half, 2023 Results on Feb 09, 2023

Charter Hall Long WALE REIT (ASX:CLW) acquired 25% stake in Canberra, Geoscience Australia property for AUD 90 million.

Charter Hall Long WALE REIT Announces Distribution for the Quarter Ending 30 September 2022, Payable on 11 November 2022

Consensus forecasts updated

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Charter Hall Long WALE REIT Provides Dividend Guidance for the Fiscal Year 2023

Charter Hall Long WALE REIT to Report Fiscal Year 2022 Results on Aug 09, 2022

Charter Hall Long Wale Reit Announces Dividend on CLW - FULLY PAID UNITS STAPLED SECURITIES for Quarter Ended June 30, 2022, Payment Date Is August 12, 2022

Consensus forecasts updated

Consensus forecasts updated

First half 2022 earnings: EPS exceeds analyst expectations

Charter Hall Long WALE REIT Provides Earning Guidance for Fiscal Year 2022

Upcoming dividend of AU$0.076 per share

An unknown buyer agreed to acquire 56 Edmondstone Road, Bowen Hills, Brisbane from Charter Hall Long WALE REIT (ASX:CLW) for AUD 70.9 million.

Key Executive recently bought AU$920k worth of stock

Full year 2021 earnings released: EPS AU$1.14 (vs AU$0.28 in FY 2020)

Consensus forecasts updated

Charter Hall Long WALE REIT Updates Earnings Guidance for the Fiscal Year 2022

Charter Hall Long WALE REIT (ASX:CLW) entered into an agreement to acquire a 33.3% stake in Myer Bourke Street Mall property in Melbourne for approximately AUD 140 million.

Company Secretary of Charter Hall WALE Limited Charisse Nortje has left the company

Charter Hall Long WALE REIT has completed a Follow-on Equity Offering in the amount of AUD 250.100627 million.

Here's Why We Think Charter Hall Long WALE REIT (ASX:CLW) Is Well Worth Watching

Charter Hall Long WALE REIT Provides Earnings Guidance for the Financial Year 2022

Shareholders Of Charter Hall Long WALE REIT (ASX:CLW) Must Be Happy With Their 42% Return

What Kind Of Shareholders Own Charter Hall Long WALE REIT (ASX:CLW)?

Analysts update estimates

First half 2021 earnings released: EPS AU$0.39 (vs AU$0.22 in 1H 2020)

New 90-day low: AU$4.52

Upcoming Dividend of AU$0.073 Per Share

Charter Hall Long WALE REIT (ASX:CLW) entered into a sale and leaseback agreement to acquire 76-78 Pitt Street located in Sydney for approximately AUD 280 million.

Analysts increase EPS estimates to AU$0.27

New 90-day low: AU$4.67

Charter Hall Long WALE REIT Announces Appointment of Carmel Hourigan as Director

Long Wale Investment Partnership acquired Bunnings Portfolio for approximately AUD350 million.

Long Wale Investment Partnership managed by Charter Hall Group (ASX:CHC), HOSTPLUS Superannuation Fund and Charter Hall Long WALE REIT (ASX:CLW) acquired The Parap Tavern in Darwin from Dowling family for AUD 19.7 million.

Upcoming Dividend of AU$0.072 Per Share

Charter Hall Long WALE REIT (ASX:CLW) and Charter Hall Retail Real Estate Investment Trust (ASX:CQR) entered into an agreement to acquire a 49% stake in Portfolio of 70 Long WALE NNN Convenience Retail Properties in New Zealand from BP Oil New Zealand Limited for approximately NZD 260 million.

Charter Hall Long WALE REIT has completed a Follow-on Equity Offering in the amount of AUD 60.000002 million.

Price target raised to AU$5.34

New 90-day high - AU$5.00

Price target raised to AU$5.32

Full year earnings released

Charter Hall Long WALE REIT (ASX:CLW), Charter Hall Retail Real Estate Investment Trust (ASX:CQR) and Charter Hall Group (ASX:CHC) completed the acquisition of 49% stake in National Portfolio of 225 Long WALE Convenience Retail Properties from BP Australia Pty Limited.

Charter Hall Long WALE REIT (ASX:CLW), Charter Hall Group (ASX:CHC) and a wholesale capital partner completed the acquisition of 49% in a portfolio of Telco Exchange properties from Telstra Corporation Limited (ASX:TLS).

Charter Hall Long WALE REIT (ASX:CLW) acquired Indooroopilly Hotel for AUD 13.2 million.

New 90-day high - AU$4.71

Charter Hall Long WALE REIT (ASX:CLW) acquired Waste Transfer Facility in North Ryde from Suez Recycling & Recovery (Perth) Pty Ltd for AUD 15 million.

Revenue & Expenses Breakdown