Chartwell Retirement Residences Reports Third Quarter 2022 Earnings

Chartwell Retirement Residences (TSE:CSH.UN) Third Quarter 2022 Results

Key Financial Results

• Revenue: CA$180.5m (down 19% from 3Q 2021).
• Net income: CA$750.0k (down 18% from 3Q 2021).
• Profit margin: 0.4% (in line with 3Q 2021).

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

Chartwell Retirement Residences Earnings Insights

Looking ahead, revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Healthcare industry in Canada are expected to grow by 4.7%.

Performance of the Canadian Healthcare industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Be aware that Chartwell Retirement Residences is showing 3 warning signs in our investment analysis and 2 of those don't sit too well with us...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.