Capreit FY2024 EPS Forecast Cut by National Bank Financial

Capreit (TSE:CAR) – Analysts at National Bank Financial lowered their FY2024 earnings estimates for shares of Capreit in a note issued to investors on Thursday, January 23rd. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings per share of $2.55 for the year, down from their previous forecast of $2.56. National Bank Financial also issued estimates for Capreit’s Q4 2024 earnings at $0.64 EPS and FY2026 earnings at $2.85 EPS.

Capreit Stock Performance

Capreit has a 12 month low of C$20.71 and a 12 month high of C$50.88.

Capreit (TSE:CAR) last released its earnings results on Thursday, November 7th. The company reported C$0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.68 by C($0.40). During the same quarter last year, the business earned $0.64 earnings per share.

Capreit Company Profile

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.