In This Article:
Pro Real Estate Investment Trust (TSE:PRV.UN) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$24.0m (flat on 3Q 2023).
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Net income: CA$3.33m (down 70% from 3Q 2023).
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Profit margin: 14% (down from 47% in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pro Real Estate Investment Trust Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the REITs industry in Canada.
Performance of the Canadian REITs industry.
The company's shares are down 1.2% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Pro Real Estate Investment Trust has 4 warning signs (and 1 which is significant) we think you should know about.
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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.