Choice Properties Real Estate Investment Trust Past Earnings Performance
Past criteria checks 2/6
Choice Properties Real Estate Investment Trust has been growing earnings at an average annual rate of 48.7%, while the Retail REITs industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 0.5% per year. Choice Properties Real Estate Investment Trust's return on equity is 15%, and it has net margins of 45.9%.
Key information
48.7%
Earnings growth rate
49.2%
EPS growth rate
| Retail REITs Industry Growth | 8.5% |
| Revenue growth rate | 0.5% |
| Return on equity | 15.0% |
| Net Margin | 45.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Choice Properties 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 | 1,454 | 668 | 63 | 0 |
| 31 Dec 23 | 1,430 | 797 | 63 | 0 |
| 30 Sep 23 | 1,349 | 663 | 59 | 0 |
| 30 Jun 23 | 1,330 | 1,176 | 55 | 0 |
| 31 Mar 23 | 1,122 | 628 | 51 | 0 |
| 31 Dec 22 | 1,336 | 744 | 49 | 0 |
| 30 Sep 22 | 1,341 | 1,160 | 43 | 0 |
| 30 Jun 22 | 1,340 | 376 | 42 | 0 |
| 31 Mar 22 | 1,562 | 472 | 45 | 0 |
| 31 Dec 21 | 1,340 | 23 | 42 | 0 |
| 30 Sep 21 | 1,335 | 303 | 42 | 0 |
| 30 Jun 21 | 1,328 | 236 | 40 | 0 |
| 31 Mar 21 | 1,322 | 56 | 37 | 0 |
| 31 Dec 20 | 1,320 | 451 | 37 | 0 |
| 30 Sep 20 | 1,314 | 627 | 35 | 0 |
| 30 Jun 20 | 1,323 | 319 | 38 | 0 |
| 31 Mar 20 | 1,344 | 654 | 39 | 0 |
| 31 Dec 19 | 1,343 | -581 | 46 | 0 |
| 30 Sep 19 | 1,360 | -594 | 52 | 0 |
| 30 Jun 19 | 1,349 | -320 | 51 | 0 |
| 31 Mar 19 | 1,307 | -880 | 50 | 0 |
| 31 Dec 18 | 1,187 | 650 | 35 | 0 |
| 30 Sep 18 | 1,054 | 404 | 28 | 0 |
| 30 Jun 18 | 942 | 645 | 23 | 0 |
| 31 Mar 18 | 846 | 1,007 | 20 | 0 |
| 31 Dec 17 | 832 | 404 | 24 | 0 |
| 30 Sep 17 | 819 | 624 | 24 | 0 |
| 30 Jun 17 | 807 | 535 | 25 | 0 |
| 31 Mar 17 | 796 | -66 | 28 | 0 |
| 31 Dec 16 | 784 | -223 | 29 | 0 |
| 30 Sep 16 | 777 | -438 | 28 | 0 |
| 30 Jun 16 | 768 | -825 | 28 | 0 |
| 31 Mar 16 | 754 | -77 | 22 | 0 |
| 31 Dec 15 | 743 | -155 | 22 | 0 |
| 30 Sep 15 | 727 | -109 | 25 | 0 |
| 30 Jun 15 | 710 | 187 | 23 | 0 |
| 31 Mar 15 | 698 | -3 | 24 | 0 |
| 31 Dec 14 | 683 | 200 | 23 | 0 |
| 30 Sep 14 | 900 | 154 | 31 | 0 |
| 31 Dec 13 | 546 | 115 | 21 | 0 |
Quality Earnings: PPRQ.F has a large one-off gain of CA$249.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: PPRQ.F's current net profit margins (45.9%) are lower than last year (56%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PPRQ.F has become profitable over the past 5 years, growing earnings by 48.7% per year.
Accelerating Growth: PPRQ.F's earnings growth over the past year (6.4%) is below its 5-year average (48.7% per year).
Earnings vs Industry: PPRQ.F earnings growth over the past year (6.4%) exceeded the Retail REITs industry 5.5%.
Return on Equity
High ROE: PPRQ.F's Return on Equity (15%) is considered low.