Morguard Real Estate Investment Trust Full Year 2024 Earnings: CA$0.92 loss per share (vs CA$1.16 loss in FY 2023)
Morguard Real Estate Investment Trust (TSE:MRT.UN) Full Year 2024 Results
Key Financial Results
- Revenue: CA$259.2m (flat on FY 2023).
- Net loss: CA$58.8m (loss narrowed by 21% from FY 2023).
- CA$0.92 loss per share (improved from CA$1.16 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Morguard Real Estate Investment Trust shares are down 1.1% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Morguard Real Estate Investment Trust.
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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:MRT.UN
Morguard Real Estate Investment Trust
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.
Moderate growth potential second-rate dividend payer.
Market Insights
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