Desjardins Issues Optimistic Forecast for Capreit Earnings

Capreit (TSE:CAR) – Desjardins increased their FY2026 earnings per share estimates for shares of Capreit in a research report issued on Tuesday, January 28th. Desjardins analyst K. Stanley now forecasts that the company will post earnings per share of $2.75 for the year, up from their previous estimate of $2.74.

Capreit Price Performance

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

Capreit (TSE:CAR) last posted its quarterly 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 period in the previous year, the company posted $0.64 earnings per share.

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.