Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Net Income (Continuing Operations) : C$-412 Mil (TTM As of Dec. 2023)

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What is Canadian Apartment Properties Real Estate Investment Trust Net Income (Continuing Operations)?

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Canadian Apartment Properties Real Estate Investment Trust's Net Income (Continuing Operations) for the three months ended in Dec. 2023 was C$9 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-412 Mil.

Canadian Apartment Properties Real Estate Investment Trust Net Income (Continuing Operations) Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's Net Income (Continuing Operations) 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.

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Canadian Apartment Properties Real Estate Investment Trust Net Income (Continuing Operations) Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data

Trend

Dec14

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Dec23

Net Income (Continuing Operations)

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1,195.45

925.93

1,392.80

13.64

-411.57

Canadian Apartment Properties 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
Net Income (Continuing Operations)	Get a 7-Day Free Trial															155.52	-103.23	39.98	-357.54	9.21

Canadian Apartment Properties Real Estate Investment Trust Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) 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 C$-412 Mil.

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) » Definitions » Net Income (Continuing Operations)

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Traded in Other Exchanges

CDPYF:USA CARUN:Mexico

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.capreit.ca

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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