Looks like they agree. GLTA
BUY
Alaris Equity Partners Income Trust(AD.UN-T)
10/03/2023
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
EPS of 74c beat estimates of 59c. Revenue of $51M beat estimates by 7%.
EBITDA of $53M beat estimates by 29%. Revenue rose 36% but earnings did fall year over year.
The forecast calls for a revenue run rate 2023 of $151M. This is about $6M less than estimates.
Payout ratio was only 39% due to less cash taxes paid.
We are comfortable here and consider the results OK. The stock is very cheap.
The decline today is likely the weak market and profit taking more so than disappointment on the quarter.
Trust, Savings And Loan
Stockchase Insights
$17.390