Chartwell Retirement Residences Reports Second Quarter 2024 Earnings

Chartwell Retirement Residences (TSE:CSH.UN) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$202.4m (up 12% from 2Q 2023).
• Net loss: CA$2.80m (loss narrowed by 77% from 2Q 2023).

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 3 years, compared to a 10% growth forecast for the Healthcare industry in Canada.

Performance of the Canadian Healthcare industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Chartwell Retirement Residences (2 are concerning!) that you should be aware of before investing here.

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