Mainstreet Equity Future Growth

Future criteria checks 1/6

Mainstreet Equity's earnings are forecast to decline at 34.8% per annum while its annual revenue is expected to grow at 10.8% per year. EPS is expected to decline by 34.8% per annum.

Key information

-34.8%

Earnings growth rate

-34.8%

EPS growth rate

Real Estate earnings growth	29.3%
Revenue growth rate	10.8%
Future return on equity	n/a
Analyst coverage	Low
Last updated	23 Jul 2024

Recent future growth updates

Earnings Miss: Mainstreet Equity Corp. Missed EPS And Analysts Are Revising Their Forecasts

Jul 26

Results: Mainstreet Equity Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 09

Recent updates

Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?

Aug 16

Earnings Miss: Mainstreet Equity Corp. Missed EPS And Analysts Are Revising Their Forecasts

Jul 26

Additional Considerations Required While Assessing Mainstreet Equity's (TSE:MEQ) Strong Earnings

Feb 13

Results: Mainstreet Equity Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 09

We Think Mainstreet Equity (TSE:MEQ) Is Taking Some Risk With Its Debt

Jul 05

Should You Investigate Mainstreet Equity Corp. (TSE:MEQ) At CA$136?

May 12

Is Mainstreet Equity (TSE:MEQ) A Risky Investment?

Feb 01

Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?

Sep 23

At CA$120, Is Mainstreet Equity Corp. (TSE:MEQ) Worth Looking At Closely?

Aug 31

What Is Mainstreet Equity Corp.'s (TSE:MEQ) Share Price Doing?

May 11

Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?

Aug 25

Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?

May 04

Is Now The Time To Look At Buying Mainstreet Equity Corp. (TSE:MEQ)?

Apr 12

It's Unlikely That Mainstreet Equity Corp.'s (TSE:MEQ) CEO Will See A Huge Pay Rise This Year

Mar 06

Can You Imagine How Jubilant Mainstreet Equity's (TSE:MEQ) Shareholders Feel About Its 151% Share Price Gain?

Feb 19

Boasting A 7.9% Return On Equity, Is Mainstreet Equity Corp. (TSE:MEQ) A Top Quality Stock?

Feb 04

Did Mainstreet Equity Corp. (TSE:MEQ) Insiders Sell Shares?

Jan 22

At CA$74.57, Is It Time To Put Mainstreet Equity Corp. (TSE:MEQ) On Your Watch List?

Jan 07

We Wouldn't Rely On Mainstreet Equity's (TSE:MEQ) Statutory Earnings As A Guide

Dec 23

What Percentage Of Mainstreet Equity Corp. (TSE:MEQ) Shares Do Insiders Own?

Dec 09

Mainstreet Equity (TSE:MEQ) Takes On Some Risk With Its Use Of Debt

Nov 24

Earnings and Revenue Growth Forecasts

TSX:MEQ - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2025	275	78	73	N/A	2
9/30/2024	252	107	8	N/A	2
6/30/2024	239	126	89	89	N/A
3/31/2024	229	176	80	80	N/A
12/31/2023	220	163	77	77	N/A
9/30/2023	210	109	70	71	N/A
6/30/2023	202	126	68	68	N/A
3/31/2023	193	114	67	67	N/A
12/31/2022	186	123	58	58	N/A
9/30/2022	181	121	52	53	N/A
6/30/2022	176	104	43	43	N/A
3/31/2022	170	263	41	41	N/A
12/31/2021	165	243	41	41	N/A
9/30/2021	160	226	35	36	N/A
6/30/2021	156	234	33	34	N/A
3/31/2021	153	64	32	32	N/A
12/31/2020	152	58	31	32	N/A
9/30/2020	150	69	34	35	N/A
6/30/2020	148	49	35	36	N/A
3/31/2020	145	50	36	37	N/A
12/31/2019	142	58	36	37	N/A
9/30/2019	138	59	39	40	N/A
6/30/2019	132	63	38	39	N/A
3/31/2019	127	77	34	35	N/A
12/31/2018	121	75	33	34	N/A
9/30/2018	116	73	30	30	N/A
6/30/2018	111	146	30	30	N/A
3/31/2018	108	111	N/A	30	N/A
12/31/2017	106	98	N/A	32	N/A
9/30/2017	105	91	N/A	31	N/A
6/30/2017	103	37	N/A	31	N/A
3/31/2017	102	47	N/A	27	N/A
12/31/2016	101	22	N/A	26	N/A
9/30/2016	100	17	N/A	26	N/A
6/30/2016	101	36	N/A	28	N/A
3/31/2016	101	27	N/A	30	N/A
12/31/2015	101	52	N/A	33	N/A
9/30/2015	100	65	N/A	34	N/A
6/30/2015	99	32	N/A	34	N/A
3/31/2015	97	66	N/A	32	N/A
12/31/2014	94	68	N/A	28	N/A
9/30/2014	90	67	N/A	26	N/A
6/30/2014	88	73	N/A	27	N/A
3/31/2014	84	48	N/A	28	N/A
12/31/2013	81	52	N/A	23	N/A
9/30/2013	78	62	N/A	23	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MEQ's earnings are forecast to decline over the next 3 years (-34.8% per year).

Earnings vs Market: MEQ's earnings are forecast to decline over the next 3 years (-34.8% per year).

High Growth Earnings: MEQ's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MEQ's revenue (10.8% per year) is forecast to grow faster than the Canadian market (7% per year).

High Growth Revenue: MEQ's revenue (10.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MEQ's Return on Equity is forecast to be high in 3 years time

Mainstreet Equity Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 23%

Earnings Miss: Mainstreet Equity Corp. Missed EPS And Analysts Are Revising Their Forecasts

Consensus EPS estimates increase by 20%

Price target increased by 10% to CA$193

Results: Mainstreet Equity Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Consensus EPS estimates increase by 13%

Recent updates

Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?

Consensus EPS estimates fall by 23%

Earnings Miss: Mainstreet Equity Corp. Missed EPS And Analysts Are Revising Their Forecasts

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ended June 30, 2024, Payable on July 31, 2024

Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?

Consensus EPS estimates increase by 20%

Price target increased by 10% to CA$193

Second quarter 2024 earnings released: EPS: CA$3.61 (vs CA$2.22 in 2Q 2023)

Why Mainstreet Equity Corp. (TSE:MEQ) Could Be Worth Watching

Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ended March 31, 2024, Payable on April 30, 2024

Mainstreet Equity Corp.'s (TSE:MEQ) Low P/E No Reason For Excitement

New minor risk - Insider selling

Independent Director recently sold CA$1.5m worth of stock

Additional Considerations Required While Assessing Mainstreet Equity's (TSE:MEQ) Strong Earnings

Results: Mainstreet Equity Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Mainstreet Equity Corp. Announces to Pay Nominal Quarterly Dividend for First Quarter of 2024

Mainstreet Equity Corp. Declares Quarterly Cash Dividend for the Quarter Ending December 31, 2023, Payable on January 31, 2024

Mainstreet Equity Corp., Annual General Meeting, Mar 07, 2024

Consensus EPS estimates increase by 13%

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations

Mainstreet Equity Corp. Plans to Introduce Nominal Dividend Starting in the first quarter of 2024

Consensus EPS estimates increase by 41%

Third quarter 2023 earnings released: EPS: CA$3.67 (vs CA$2.34 in 3Q 2022)

We Think Mainstreet Equity (TSE:MEQ) Is Taking Some Risk With Its Debt

Consensus EPS estimates increase by 17%

Should You Investigate Mainstreet Equity Corp. (TSE:MEQ) At CA$136?

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 12%

Price target increased by 13% to CA$162

First quarter 2023 earnings: EPS exceeds analyst expectations

Is Mainstreet Equity (TSE:MEQ) A Risky Investment?

Mainstreet Equity Corp., Annual General Meeting, Mar 09, 2023

Full year 2022 earnings: EPS exceeds analyst expectations

Insufficient new directors

Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?

At CA$120, Is Mainstreet Equity Corp. (TSE:MEQ) Worth Looking At Closely?

Consensus forecasts updated

Third quarter 2022 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

Second quarter 2022 earnings: EPS exceeds analyst expectations

What Is Mainstreet Equity Corp.'s (TSE:MEQ) Share Price Doing?

Price target increased to CA$145

Insufficient new directors

First quarter 2022 earnings: EPS exceeds analyst expectations

Price target increased to CA$135

Full year 2021 earnings: EPS exceeds analyst expectations

Mainstreet Equity Corp. (TSX:MEQ) acquired 1,489 investment property units in the provinces of Alberta for CAD 193.6 million.

Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?

Third quarter 2021 earnings released: EPS CA$19.37 (vs CA$1.16 in 3Q 2020)

Price target increased to CA$110

Price target increased to CA$102

Consensus EPS estimates increase to CA$2.68

Second quarter 2021 earnings released: EPS CA$1.09 (vs CA$0.39 in 2Q 2020)

Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?

Chief Operating Officer has left the company

Is Now The Time To Look At Buying Mainstreet Equity Corp. (TSE:MEQ)?

Mainstreet Equity Corp Announces Retirement of Johnny Lam as COO

It's Unlikely That Mainstreet Equity Corp.'s (TSE:MEQ) CEO Will See A Huge Pay Rise This Year

New 90-day high: CA$82.56

Can You Imagine How Jubilant Mainstreet Equity's (TSE:MEQ) Shareholders Feel About Its 151% Share Price Gain?

First quarter 2021 earnings released: CA$0.57 loss per share (vs CA$0.59 profit in 1Q 2020)

Revenue and earnings miss expectations

Boasting A 7.9% Return On Equity, Is Mainstreet Equity Corp. (TSE:MEQ) A Top Quality Stock?

New 90-day high: CA$82.00

Did Mainstreet Equity Corp. (TSE:MEQ) Insiders Sell Shares?

Mainstreet Equity Corp., Annual General Meeting, Mar 12, 2021