Capreit (TSE:CAR) to Post Q3 2024 Earnings of $0.68 Per Share, National Bank Financial Forecasts

Capreit (TSE:CAR) – Equities researchers at National Bank Financial issued their Q3 2024 earnings per share estimates for shares of Capreit in a research note issued on Tuesday, October 8th. National Bank Financial analyst M. Kornack forecasts that the company will post earnings of $0.68 per share for the quarter. National Bank Financial also issued estimates for Capreit’s FY2024 earnings at $2.59 EPS.

Separately, Ventum Cap Mkts upgraded Capreit to a “hold” rating in a research note on Monday, July 15th.

Capreit Stock Performance

Capreit has a fifty-two week low of C$20.71 and a fifty-two week high of C$50.88.

Capreit (TSE:CAR) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.66 EPS for the quarter, beating analysts’ consensus estimates of C$0.64 by C$0.02. The company had revenue of C$278.13 million for the quarter.

Capreit Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a yield of ∞. The ex-dividend date is Monday, September 30th.

About Capreit

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.