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Crombie Real Estate ate (TSE:CRR.UN)
TSX:CRR.UN
Canadian Market
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Crombie Real Estate ate (CRR.UN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 19, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
Last Year’s EPS
-0.09
Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Nov 07, 2018
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% Change Since: -11.29%
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Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with significant growth in FFO, high occupancy rates, strategic acquisitions, and effective debt management. Despite some challenges in the office segment and increased interest expenses, the overall performance and strategic direction remain strong.
Company Guidance
During the Crombie REIT Q3 2024 earnings call, several key metrics were highlighted reflecting the company's strong performance and strategic execution. Crombie reported a same-asset property cash NOI growth of 2.6% and a year-to-date FFO per unit increase of 6.9%. The company maintained a high occupancy rate and an annual minimum rent per square foot of $18.02, up 3% from the previous year. The balance sheet remained robust, with a debt-to-EBITDA ratio of 7.72x and available liquidity of $677 million. Crombie also completed strategic acquisitions, including a 14,000 square foot grocery store and the remaining 50% of a premium mixed-use property in Vancouver, while disposing of underperforming assets, enhancing economic occupancy by approximately 30 basis points. The company issued $300 million of senior unsecured notes at 4.73% interest, further supporting its financial flexibility.
Strong FFO Growth
Year-to-date, FFO per unit has grown by 6.9%, reflecting operational excellence and portfolio optimization.
High Occupancy and Increased Rent
Annual minimum rent per square foot increased by 3% to $18.02, driven by over 200,000 square feet of new leases.
Successful Property Transactions
Acquired a freestanding grocery site and a land parcel, and sold two underperforming assets, positively impacting economic occupancy by 30 basis points.
Strong Balance Sheet
Ended the quarter with available liquidity of $677 million and a debt-to-EBITDA ratio of 7.72x.
Robust Debt Management
Issued $300 million of senior unsecured notes with an interest rate of 4.73%, maintaining a 58% unsecured to 42% secured debt mix.
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Crombie Real Estate ate (TSE:CRR.UN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TSE:CRR.UN Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 08, 20182018 (Q2)
- / 0.32
0.63-50.00% (-0.32)
Nov 07, 20182018 (Q3)
- / -0.14
0.14-198.57% (-0.28)
Feb 27, 20192018 (Q4)
- / -0.09
0.18-149.44% (-0.27)
May 09, 20192019 (Q1)
- / 0.09
0.17-46.47% (-0.08)
Aug 07, 20192019 (Q2)
- / 0.04
0.315-88.57% (-0.28)
Nov 07, 20192019 (Q3)
- / -0.03
-0.13881.16% (+0.11)
Feb 26, 20202019 (Q4)
- / -0.03
-0.08964.04% (+0.06)
May 06, 20202020 (Q1)
- / -0.07
0.091-181.32% (-0.16)
Aug 05, 20202020 (Q2)
- / -0.16
0.036-555.56% (-0.20)
Nov 12, 20202020 (Q3)
- / -0.10
-0.026-280.77% (-0.07)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:CRR.UN Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2024C$14.88C$14.71-1.14%
Aug 07, 2024C$13.49C$13.47-0.15%
May 08, 2024C$12.43C$12.28-1.21%
Feb 22, 2024C$13.12C$12.89-1.75%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Crombie Real Estate ate (TSE:CRR.UN) report earnings?
Crombie Real Estate ate (TSE:CRR.UN) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
    What is Crombie Real Estate ate (TSE:CRR.UN) earnings time?
    Crombie Real Estate ate (TSE:CRR.UN) earnings time is at Feb 19, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TSE:CRR.UN EPS forecast?
          Currently, no data Available
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