Flagship Communities Real Estate Investment Trust Past Earnings Performance
Past criteria checks 2/6
Flagship Communities Real Estate Investment Trust's earnings have been declining at an average annual rate of -23.9%, while the Residential REITs industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 25.7% per year. Flagship Communities Real Estate Investment Trust's return on equity is 14.9%, and it has net margins of 91.6%.
Key information
-23.9%
Earnings growth rate
-74.1%
EPS growth rate
| Residential REITs Industry Growth | 2.5% |
| Revenue growth rate | 25.7% |
| Return on equity | 14.9% |
| Net Margin | 91.6% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Flagship Communities Real Estate Investment Trust 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 | 71 | 65 | 9 | 0 |
| 30 Sep 23 | 68 | 66 | 9 | 0 |
| 30 Jun 23 | 65 | 52 | 9 | 0 |
| 31 Mar 23 | 62 | 56 | 8 | 0 |
| 31 Dec 22 | 59 | 43 | 8 | 0 |
| 30 Sep 22 | 55 | 97 | 7 | 0 |
| 30 Jun 22 | 52 | 84 | 7 | 0 |
| 31 Mar 22 | 47 | 56 | 6 | 0 |
| 31 Dec 21 | 43 | 60 | 6 | 0 |
| 30 Jun 21 | 36 | 160 | 5 | 0 |
| 31 Mar 21 | 35 | 179 | 5 | 0 |
| 31 Dec 20 | 33 | 189 | 5 | 0 |
| 31 Dec 19 | 31 | 49 | 5 | 0 |
Quality Earnings: MHC.U has a large one-off gain of $44.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MHC.U's current net profit margins (91.6%) are higher than last year (72.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MHC.U's earnings have declined by 23.9% per year over the past 5 years.
Accelerating Growth: MHC.U's earnings growth over the past year (52.5%) exceeds its 5-year average (-23.9% per year).
Earnings vs Industry: MHC.U earnings growth over the past year (52.5%) did not outperform the Residential REITs industry 52.5%.
Return on Equity
High ROE: MHC.U's Return on Equity (14.9%) is considered low.