In This Article:
Artis Real Estate Investment Trust (TSE:AX.UN) First Quarter 2025 Results
Key Financial Results
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Revenue: CA$62.3m (down 8.1% from 1Q 2024).
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Net income: CA$11.4m (up from CA$10.4m loss in 1Q 2024).
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Profit margin: 18% (up from net loss in 1Q 2024).
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EPS: CA$0.11 (up from CA$0.096 loss in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Artis Real Estate Investment Trust Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the REITs industry in Canada.
Performance of the Canadian REITs industry.
The company's shares are down 3.0% from a week ago.
Risk Analysis
Be aware that Artis Real Estate Investment Trust is showing 3 warning signs in our investment analysis and 2 of those are a bit concerning...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.