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True North Commercial REIT (TSX:TNT.UN) Earnings per Share (Diluted) : C$-2.64 (TTM As of Mar. 2024)


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What is True North Commercial REIT Earnings per Share (Diluted)?

True North Commercial REIT's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was C$0.34. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.64.

True North Commercial REIT's EPS (Basic) for the three months ended in Mar. 2024 was C$0.34. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.64.

True North Commercial REIT's EPS without NRI for the three months ended in Mar. 2024 was C$0.41. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was C$1.88.

During the past 12 months, True North Commercial REIT's average EPS without NRIGrowth Rate was -39.60% per year. During the past 3 years, the average EPS without NRIGrowth Rate was -5.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was -1.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was -4.00% per year.

During the past 12 years, True North Commercial REIT's highest 3-Year average EPS without NRI Growth Rate was 16.20% per year. The lowest was -32.90% per year. And the median was -2.65% per year.


True North Commercial REIT Earnings per Share (Diluted) Historical Data

The historical data trend for True North Commercial REIT's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

True North Commercial REIT Earnings per Share (Diluted) Chart

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 2.65 3.31 1.04 -2.59

True North Commercial REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.05 -2.65 -0.38 0.34

Competitive Comparison of True North Commercial REIT's Earnings per Share (Diluted)

For the REIT - Office subindustry, True North Commercial REIT's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


True North Commercial REIT's PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, True North Commercial REIT's PE Ratio distribution charts can be found below:

* The bar in red indicates where True North Commercial REIT's PE Ratio falls into.



True North Commercial REIT Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

True North Commercial REIT's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-40.621-0)/15.677
=-2.59

True North Commercial REIT's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(5.138-0)/15.055
=0.34

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


True North Commercial REIT  (TSX:TNT.UN) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


True North Commercial REIT Earnings per Share (Diluted) Related Terms

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True North Commercial REIT (TSX:TNT.UN) Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

True North Commercial REIT (TSX:TNT.UN) Headlines

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