Capreit (CAR) Scheduled to Post Earnings on Thursday

Capreit (TSE:CAR) is scheduled to be posting its quarterly earnings results 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 posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.66 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.64 by C$0.02. The business had revenue of C$278.13 million during the quarter.

Capreit Price Performance

Capreit has a 52 week low of C$20.71 and a 52 week high of C$50.88.

Capreit Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.125 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Thursday, October 31st.

Wall Street Analyst Weigh In

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

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.