Yahoo Finance BTB Real Estate Investment Trust Full Year 2023 Earnings: FFO per share: CA$0.5 (vs CA$0.43 in FY 2022)
BTB Real Estate Investment Trust (TSE:BTB.UN) Full Year 2023 Results
Key Financial Results
Revenue: CA$127.8m (up 7.0% from FY 2022).
Funds from operations (FFO): CA$38.9m (up 7.2% from FY 2022).
FFO margin: 30% (in line with FY 2022).
FFO per share: CA$0.5 (up from CA$0.43 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BTB Real Estate Investment Trust Earnings Insights
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the REITs industry in Canada.
Performance of the Canadian REITs industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with BTB Real Estate Investment Trust (at least 1 which is significant), and understanding these should be part of your investment process.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
