BTB Real Estate Investment Trust (TSE:BTB.UN) First Quarter 2024 Results
Key Financial Results
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Revenue: CA$32.6m (flat on 1Q 2023).
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Net income: CA$7.15m (down 19% from 1Q 2023).
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Profit margin: 22% (down from 27% in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BTB Real Estate Investment Trust Earnings Insights
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the REITs industry in Canada.
Performance of the Canadian REITs industry.
The company’s shares are up 1.6% from a week ago.
Risk Analysis
Be aware that BTB Real Estate Investment Trust is showing 3 warning signs in our investment analysis and 1 of those is a bit unpleasant…
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