Fundo de Investimento Imobiliário - FII Torre Norte Past Earnings Performance
Past criteria checks 2/6
Fundo de Investimento Imobiliário - FII Torre Norte's earnings have been declining at an average annual rate of -40.5%, while the Office REITs industry saw earnings growing at 2.8% annually. Revenues have been declining at an average rate of 8.2% per year. Fundo de Investimento Imobiliário - FII Torre Norte's return on equity is 3%, and it has net margins of 66.9%.
Key information
-40.5%
Earnings growth rate
-40.5%
EPS growth rate
| Office REITs Industry Growth | 0.06% |
| Revenue growth rate | -8.2% |
| Return on equity | 3.0% |
| Net Margin | 66.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Fundo de Investimento Imobiliário - FII Torre Norte makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 35 | 24 | 1 | 0 |
| 31 Dec 22 | 33 | -4 | 1 | 0 |
| 31 Dec 21 | 34 | 0 | 1 | 0 |
| 31 Dec 20 | 40 | -31 | 1 | 0 |
| 31 Dec 19 | 49 | 123 | 1 | 0 |
| 31 Dec 18 | 47 | 75 | 1 | 0 |
| 31 Dec 17 | 43 | 94 | 1 | 0 |
| 31 Dec 16 | 53 | 42 | 1 | 0 |
| 31 Dec 15 | 66 | -126 | 2 | 0 |
| 31 Dec 14 | 77 | 10 | 2 | 0 |
| 31 Dec 13 | 74 | 214 | 2 | 0 |
Quality Earnings: TRNT11 has high quality earnings.
Growing Profit Margin: TRNT11 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TRNT11's earnings have declined by 40.5% per year over the past 5 years.
Accelerating Growth: TRNT11 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TRNT11 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Office REITs industry (-12.5%).
Return on Equity
High ROE: TRNT11's Return on Equity (3%) is considered low.