Capreit (CAR) Set to Announce Quarterly Earnings on Thursday

Capreit (TSE:CAR) will release its earnings data after the market closes on Thursday, November 7th. Analysts expect Capreit to post earnings of C$0.68 per share for the quarter.

Capreit (TSE:CAR) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.66 earnings per share for the quarter, topping the consensus estimate of C$0.64 by C$0.02. The business had revenue of C$278.13 million for the quarter.

Capreit Stock Performance

Capreit has a 1 year low of C$20.71 and a 1 year high of C$50.88.

Capreit Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a yield of ∞. The ex-dividend date is Thursday, October 31st.

Analysts Set New Price Targets

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

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.