Chartwell Third Quarter 2024 Results: Key Dates and Analyst Expectations
Generated by AI AgentAinvest Technical Radar
Wednesday, Oct 9, 2024 8:10 am ET1min read
Chartwell Retirement Residences (TSE:CSH.UN) is set to release its third quarter 2024 earnings on November 7, 2024, with the time to be announced. Investors eagerly await the results, as the company's performance in the previous quarter was mixed, with a strong beat in Q2 followed by a miss in Q1. Let's delve into the key aspects surrounding Chartwell's upcoming earnings release.
1. **Earnings Growth Trajectory and Q3 2024 Trends:**
Chartwell's earnings growth has been volatile over the past year. While the company reported a significant EPS increase of 3527.78% in Q3 2023, it was followed by a 103.86% decrease in Q1 2024. Analysts expect a rebound in Q3 2024, but the magnitude remains uncertain.
2. **Revenue Drivers and Cost Factors:**
Key revenue drivers for Chartwell include occupancy rates, rental income, and service fees. Cost factors include operating expenses, depreciation, and interest expenses. The company's ability to manage these factors will significantly impact its financial performance in Q3 2024.
3. **Stock Price Reaction to Previous Earnings Announcements:**
Chartwell's stock price has reacted differently to previous earnings announcements. In Q2 2024, the stock price increased by 1.22% following the earnings release. However, in Q1 2024, the stock price decreased by 0.96%. Investors should closely monitor the stock's reaction to the Q3 2024 earnings announcement.
4. **Analyst Consensus Estimates for Q3 2024 Earnings:**
Analysts currently have a consensus EPS forecast of '―' for Chartwell's Q3 2024 earnings. This compares to last year's EPS of C$0.65. While no data is available for the range of EPS forecasts, investors should keep an eye on any updates leading up to the earnings release.
1. **Earnings Growth Trajectory and Q3 2024 Trends:**
Chartwell's earnings growth has been volatile over the past year. While the company reported a significant EPS increase of 3527.78% in Q3 2023, it was followed by a 103.86% decrease in Q1 2024. Analysts expect a rebound in Q3 2024, but the magnitude remains uncertain.
2. **Revenue Drivers and Cost Factors:**
Key revenue drivers for Chartwell include occupancy rates, rental income, and service fees. Cost factors include operating expenses, depreciation, and interest expenses. The company's ability to manage these factors will significantly impact its financial performance in Q3 2024.
3. **Stock Price Reaction to Previous Earnings Announcements:**
Chartwell's stock price has reacted differently to previous earnings announcements. In Q2 2024, the stock price increased by 1.22% following the earnings release. However, in Q1 2024, the stock price decreased by 0.96%. Investors should closely monitor the stock's reaction to the Q3 2024 earnings announcement.
4. **Analyst Consensus Estimates for Q3 2024 Earnings:**
Analysts currently have a consensus EPS forecast of '―' for Chartwell's Q3 2024 earnings. This compares to last year's EPS of C$0.65. While no data is available for the range of EPS forecasts, investors should keep an eye on any updates leading up to the earnings release.
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PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
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