Thanks to the newly added agribusiness segment, the parent corporation is "recording substantial revenue and net income results," noted a Goldman Small Cap Research report.
Though continued net operating income growth is expected, management is considering ways to maximize shareholder value, noted an Echelon Capital Markets report.
Recently released Q1/23 results from BSR Real Estate Investment Trust were in line with the previous forecast. However, based on a 10% discount to Echelon's NAV estimate, the target price was lowered on the stock, noted Echelon Capital Markets analyst David Chrystal.
Among other metrics, the quarter is notable for a year-over-year increase in net operating income and for record lifts on turnover, noted an Echelon Capital Markets report.
The Canadian firm has a "blowout" quarter of significant organic growth that calls for increases to 2023 revenue and EBITDA estimates, noted an Echelon Capital Markets report.
