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Mainstreet Equity (TSX:MEQ) Earnings per Share (Diluted) : C$18.88 (TTM As of Mar. 2024)


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What is Mainstreet Equity Earnings per Share (Diluted)?

Mainstreet Equity's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was C$3.61. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was C$18.88.

Mainstreet Equity's EPS (Basic) for the three months ended in Mar. 2024 was C$3.61. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was C$18.88.

Mainstreet Equity's EPS without NRI for the three months ended in Mar. 2024 was C$1.77. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was C$6.87.

During the past 12 months, Mainstreet Equity's average EPS without NRIGrowth Rate was 35.50% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 13.80% per year. During the past 5 years, the average EPS without NRI Growth Rate was 15.30% per year. During the past 10 years, the average EPS without NRI Growth Rate was 14.90% per year.

During the past 13 years, Mainstreet Equity's highest 3-Year average EPS without NRI Growth Rate was 330.90% per year. The lowest was -48.80% per year. And the median was 13.35% per year.


Mainstreet Equity Earnings per Share (Diluted) Historical Data

The historical data trend for Mainstreet Equity'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.

Mainstreet Equity Earnings per Share (Diluted) Chart

Mainstreet Equity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.23 7.32 24.13 12.90 11.74

Mainstreet Equity 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 2.22 3.67 4.24 7.36 3.61

Competitive Comparison of Mainstreet Equity's Earnings per Share (Diluted)

For the Real Estate Services subindustry, Mainstreet Equity'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.


Mainstreet Equity's PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mainstreet Equity's PE Ratio distribution charts can be found below:

* The bar in red indicates where Mainstreet Equity's PE Ratio falls into.



Mainstreet Equity 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.

Mainstreet Equity's Earnings Per Share (Diluted) for the fiscal year that ended in Sep. 2023 is calculated as

Diluted Earnings Per Share (A: Sep. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(109.413-0)/9.320
=11.74

Mainstreet Equity'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)
=(33.61-0)/9.319
=3.61

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$18.88

* 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.


Mainstreet Equity  (TSX:MEQ) 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.


Mainstreet Equity Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Mainstreet Equity's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Mainstreet Equity (TSX:MEQ) Business Description

Traded in Other Exchanges
Address
10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.
Executives
Richard Grimaldi Director

Mainstreet Equity (TSX:MEQ) Headlines

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