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Chartwell Retirement Residences Reports Full Year 2024 Earnings
Chartwell Retirement Residences (TSE:CSH.UN) Full Year 2024 Results
Key Financial Results
- Revenue: CA$852.1m (up 16% from FY 2023).
- Net income: CA$22.4m (up from CA$60.9m loss in FY 2023).
- Profit margin: 2.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chartwell Retirement Residences Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Healthcare industry in Canada.
Performance of the Canadian Healthcare industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Chartwell Retirement Residences (1 doesn't sit too well with us!) that you need to take into consideration.
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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.
About TSX:CSH.UN
Chartwell Retirement Residences
Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents.
Reasonable growth potential average dividend payer.
