Citicore Energy REIT Past Earnings Performance
Past criteria checks 3/6
Citicore Energy REIT has been growing earnings at an average annual rate of 42.3%, while the Specialized REITs industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 40.2% per year. Citicore Energy REIT's return on equity is 31.5%, and it has net margins of 75.9%.
Key information
42.3%
Earnings growth rate
32.5%
EPS growth rate
| Specialized REITs Industry Growth | 20.0% |
| Revenue growth rate | 40.2% |
| Return on equity | 31.5% |
| Net Margin | 75.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Citicore Energy REIT 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 | 1,870 | 1,419 | 5 | 0 |
| 30 Jun 24 | 1,919 | 1,470 | 7 | 0 |
| 31 Mar 24 | 1,895 | 1,452 | 5 | 0 |
| 31 Dec 23 | 1,798 | 1,398 | 6 | 0 |
| 30 Sep 23 | 1,685 | 1,363 | 3 | 0 |
| 30 Jun 23 | 1,511 | 1,272 | 1 | 0 |
| 31 Mar 23 | 1,419 | 1,257 | 2 | 0 |
| 31 Dec 22 | 1,375 | 1,252 | 7 | 0 |
| 30 Sep 22 | 1,158 | 1,014 | 34 | 0 |
| 30 Jun 22 | 885 | 738 | 28 | 0 |
| 31 Mar 22 | 626 | 503 | 33 | 0 |
| 31 Dec 21 | 352 | 226 | 26 | 0 |
| 30 Sep 21 | 252 | 133 | 3 | 0 |
| 31 Dec 20 | 269 | 104 | 3 | 0 |
| 31 Dec 19 | 248 | 80 | 1 | 0 |
| 31 Dec 18 | 260 | 13 | 1 | 0 |
| 31 Dec 17 | 271 | -3 | 7 | 0 |
| 31 Dec 16 | 207 | -153 | 59 | 0 |
Quality Earnings: CREIT has high quality earnings.
Growing Profit Margin: CREIT's current net profit margins (75.9%) are lower than last year (80.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CREIT's earnings have grown significantly by 42.3% per year over the past 5 years.
Accelerating Growth: CREIT's earnings growth over the past year (4.1%) is below its 5-year average (42.3% per year).
Earnings vs Industry: CREIT earnings growth over the past year (4.1%) did not outperform the Specialized REITs industry 7.7%.
Return on Equity
High ROE: CREIT's Return on Equity (31.5%) is considered high.