Sun Residential Real Estate Investment Trust Past Earnings Performance
Past criteria checks 1/6
Sun Residential Real Estate Investment Trust's earnings have been declining at an average annual rate of -15.2%, while the Residential REITs industry saw earnings declining at 8.1% annually. Revenues have been growing at an average rate of 21.2% per year. Sun Residential Real Estate Investment Trust's return on equity is 1.5%, and it has net margins of 0.7%.
Key information
-15.2%
Earnings growth rate
9.2%
EPS growth rate
| Residential REITs Industry Growth | 2.5% |
| Revenue growth rate | 21.2% |
| Return on equity | 1.5% |
| Net Margin | 0.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Sun Residential 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 |
|---|---|---|---|---|
| 30 Sep 24 | 6 | 0 | 0 | 0 |
| 30 Jun 24 | 6 | -4 | 0 | 0 |
| 31 Mar 24 | 6 | -4 | 0 | 0 |
| 31 Dec 23 | 6 | -4 | 0 | 0 |
| 30 Sep 23 | 6 | -1 | 0 | 0 |
| 30 Jun 23 | 6 | 3 | 0 | 0 |
| 31 Mar 23 | 6 | 3 | 0 | 0 |
| 31 Dec 22 | 5 | 2 | 0 | 0 |
| 30 Sep 22 | 5 | 3 | 0 | 0 |
| 30 Jun 22 | 5 | 3 | 0 | 0 |
| 31 Mar 22 | 5 | 5 | 0 | 0 |
| 31 Dec 21 | 5 | 5 | 0 | 0 |
| 30 Sep 21 | 5 | 3 | 0 | 0 |
| 30 Jun 21 | 5 | 3 | 0 | 0 |
| 31 Mar 21 | 5 | 1 | 0 | 0 |
| 31 Dec 20 | 4 | 0 | 1 | 0 |
| 30 Sep 20 | 3 | -1 | 1 | 0 |
| 30 Jun 20 | 2 | -1 | 1 | 0 |
| 31 Mar 20 | 1 | -1 | 1 | 0 |
Quality Earnings: SRES has a large one-off loss of $1.3M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SRES became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SRES's earnings have declined by 15.2% per year over the past 5 years.
Accelerating Growth: SRES has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SRES has become profitable in the last year, making it difficult to compare its past year earnings growth to the Residential REITs industry (16.7%).
Return on Equity
High ROE: SRES's Return on Equity (1.5%) is considered low.