Globe Residency REIT Past Earnings Performance
Past criteria checks 1/6
Globe Residency REIT's earnings have been declining at an average annual rate of -7.6%, while the Capital Markets industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 3.8% per year. Globe Residency REIT's return on equity is 16.7%, and it has net margins of 8.7%.
Key information
-7.6%
Earnings growth rate
-7.6%
EPS growth rate
| Capital Markets Industry Growth | 22.2% |
| Revenue growth rate | 3.8% |
| Return on equity | 16.7% |
| Net Margin | 8.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Globe Residency 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 | 2,913 | 254 | 155 | 0 |
| 30 Jun 24 | 3,037 | 252 | 140 | 0 |
| 31 Mar 24 | 2,521 | 77 | 116 | 0 |
| 31 Dec 23 | 2,890 | 168 | 152 | 0 |
| 30 Sep 23 | 2,806 | 274 | 137 | 0 |
| 30 Jun 23 | 2,850 | 271 | 162 | 0 |
| 30 Jun 22 | 10,258 | 1,369 | 402 | 0 |
Quality Earnings: GRR has high quality earnings.
Growing Profit Margin: GRR's current net profit margins (8.7%) are lower than last year (9.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if GRR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: GRR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GRR had negative earnings growth (-7.6%) over the past year, making it difficult to compare to the Capital Markets industry average (124.5%).
Return on Equity
High ROE: GRR's Return on Equity (16.7%) is considered low.