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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Earnings per Share (Diluted) : $1.60 (TTM As of Dec. 2023)


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What is Granite Real Estate Investment Trust Earnings per Share (Diluted)?

Granite Real Estate Investment Trust's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.37. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.60.

Granite Real Estate Investment Trust's EPS (Basic) for the three months ended in Dec. 2023 was $0.37. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.60.

Granite Real Estate Investment Trust's EPS without NRI for the three months ended in Dec. 2023 was $0.92. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.19.

During the past 12 months, Granite Real Estate Investment Trust's average EPS without NRIGrowth Rate was -18.00% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 8.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 6.90% per year. During the past 10 years, the average EPS without NRI Growth Rate was 4.00% per year.

During the past 13 years, Granite Real Estate Investment Trust's highest 3-Year average EPS without NRI Growth Rate was 260.20% per year. The lowest was -45.00% per year. And the median was 5.30% per year.


Granite Real Estate Investment Trust Earnings per Share (Diluted) Historical Data

The historical data trend for Granite Real Estate Investment Trust'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.

Granite Real Estate Investment Trust Earnings per Share (Diluted) Chart

Granite Real Estate Investment Trust 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 5.37 5.44 15.58 1.80 1.61

Granite Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.46 0.11 0.74 0.38 0.37

Competitive Comparison of Granite Real Estate Investment Trust's Earnings per Share (Diluted)

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust'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.


Granite Real Estate Investment Trust's PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Granite Real Estate Investment Trust's PE Ratio distribution charts can be found below:

* The bar in red indicates where Granite Real Estate Investment Trust's PE Ratio falls into.



Granite Real Estate Investment Trust 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.

Granite Real Estate Investment Trust'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)
=(101.865-0)/63.356
=1.61

Granite Real Estate Investment Trust's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(23.344-0)/63.356
=0.37

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.60

* 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.


Granite Real Estate Investment Trust  (NYSE:GRP.U) 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.


Granite Real Estate Investment Trust Earnings per Share (Diluted) Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.

Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Headlines

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