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Bridgemarq Real Estate Services Inc(BRE-T)
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Stocks in play: Bridgemarq Real Estate Services Inc.

Baystreet - Thu Nov 9, 2023

Announced revenue in the third quarter amounted to $12.8 million, compared to the $12.2 million generated in the third quarter of 2022. The increase is due to improved markets as overall activity in the Canadian Market increased by 9.5% compared to Q3 of last year. The Company generated net earnings of $8.6 million or $0.91 per Share, compared to a net loss of $1.1 million or $0.12 per Share in 2022, primarily due to a gain on the fair value of Exchangeable Units compared to a loss last year. Bridgemarq Real Estate Services Inc. shares T.BRE are trading up $0.52 at $11.81.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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