DRI Healthcare Earnings Estimate

DHT-UN Stock  CAD 12.61  0.49  4.04%   
By analyzing DRI Healthcare's earnings estimates, investors can diagnose different trends across DRI Healthcare's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for DRI Healthcare Trust is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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DRI Healthcare is projected to generate 0.7025 in earnings per share on the 31st of December 2024. DRI Healthcare earnings estimates show analyst consensus about projected DRI Healthcare Trust EPS (Earning Per Share). It derives the highest and the lowest estimates based on DRI Healthcare's historical volatility. Many public companies, such as DRI Healthcare, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing DRI Healthcare's earnings estimates, investors can diagnose different trends across DRI Healthcare's analyst sentiment over time as well as compare current estimates against different timeframes. As of March 5, 2025, Gross Profit is expected to decline to about 136.1 M. In addition to that, Pretax Profit Margin is expected to decline to 0.23
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRI Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

DRI Healthcare Earnings per Share Projection vs Actual

About DRI Healthcare Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of DRI Healthcare earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current DRI Healthcare estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as DRI Healthcare fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings-1.9 M-1.8 M
Earnings Yield 0.20  0.21 
Price Earnings Ratio 5.28  5.01 

Pair Trading with DRI Healthcare

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DRI Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DRI Healthcare will appreciate offsetting losses from the drop in the long position's value.

Moving against DRI Stock

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The ability to find closely correlated positions to DRI Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRI Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DRI Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DRI Healthcare Trust to buy it.
The correlation of DRI Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DRI Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRI Healthcare Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DRI Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in DRI Stock

DRI Healthcare financial ratios help investors to determine whether DRI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DRI with respect to the benefits of owning DRI Healthcare security.