Primaris Real Estate Investment Trust Past Earnings Performance
Past criteria checks 2/6
Primaris Real Estate Investment Trust has been growing earnings at an average annual rate of 28.9%, while the Retail REITs industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 20.1% per year. Primaris Real Estate Investment Trust's return on equity is 5.3%, and it has net margins of 25.9%.
Key information
28.9%
Earnings growth rate
n/a
EPS growth rate
| Retail REITs Industry Growth | 8.1% |
| Revenue growth rate | 20.1% |
| Return on equity | 5.3% |
| Net Margin | 25.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Primaris 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 Mar 24 | 434 | 113 | 32 | 0 |
| 31 Dec 23 | 411 | 102 | 30 | 0 |
| 30 Sep 23 | 397 | 63 | 31 | 0 |
| 30 Jun 23 | 386 | 22 | 30 | 0 |
| 31 Mar 23 | 385 | -7 | 28 | 0 |
| 31 Dec 22 | 380 | -12 | 27 | 0 |
| 30 Sep 22 | 346 | 12 | 22 | 0 |
| 30 Jun 22 | 314 | 242 | 19 | 0 |
| 31 Mar 22 | 279 | 254 | 16 | 0 |
| 31 Dec 21 | 248 | 341 | 13 | 0 |
| 30 Sep 21 | 250 | 359 | 14 | 0 |
| 30 Jun 21 | 257 | 167 | 16 | 0 |
| 31 Mar 21 | 265 | -154 | 13 | 0 |
| 31 Dec 20 | 270 | -574 | 10 | 0 |
| 31 Dec 19 | 274 | -44 | 1 | 0 |
| 31 Dec 18 | 276 | -148 | 2 | 0 |
Quality Earnings: H0D has a large one-off loss of CA$32.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: H0D became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: H0D has become profitable over the past 5 years, growing earnings by 28.9% per year.
Accelerating Growth: H0D has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: H0D has become profitable in the last year, making it difficult to compare its past year earnings growth to the Retail REITs industry (-14.8%).
Return on Equity
High ROE: H0D's Return on Equity (5.3%) is considered low.