Alaris reported quarterly EPS of -C$0.1352, well below the C$0.79 estimate. That’s a 117.1% miss, following two quarters in which EPS beat estimates.
Alaris Equity Partners Income Trust (TSX: AD-UN) released results after the market closed on November 4 for the quarter ended September 30, 2026. Calendar data shows EPS of -C$0.1352 against an estimate of C$0.79. In the March and June quarters, EPS was C$0.69 in each, above estimates of C$0.47 and C$0.41. Visit the trust’s stock page for its earnings history and other metrics.
Recent earnings trend
Alaris Equity Partners Income Trust
AD-UN.TO
AD-UN.TO
Alaris Equity Partners Income Trust
WealthAwesomeMarket cap
$1.18B
P/E
7.0x
Div. yield
6.28%
Div. / share
$1.46
52W high
$25.87
52W low
$17.60
1W change
-5.29%
Beta
1.42
Analyst Price Targets
Based on analyst covering AD-UN · as of Oct 26, 2026
Wall Street analysts forecast AD-UN stock price to rise 34.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$29.71
+34.9% Upside
Previously C$29.79 on Sep 30, 2026
Current Price
C$22.03
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AD-UN's historical volatility
30-Day Vol
16.9%
Annualized
90-Day Vol
18.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$18.43
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$20.76 | C$19.58 – C$22.00 |
| 60 trading days | C$19.56 | C$18.01 – C$21.24 |
| 90 trading days | C$18.43 | C$16.66 – C$20.39 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-04 | -0.1352 | 0.7900 | -117.1% |
| 2026-06-30 | 2026-08-06 | 0.6900 | 0.4100 | +68.3% |
| 2026-03-31 | 2026-05-06 | 0.6900 | 0.4700 | +46.8% |
| 2025-12-31 | 2026-03-09 | -0.1200 | 0.4200 | -128.6% |
| 2025-09-30 | 2025-11-05 | 1.7600 | 0.6600 | +166.7% |
| 2025-06-30 | 2025-08-07 | 0.5900 | -0.1500 | +493.3% |
Investor takeaway: The EPS miss was large, but it’s worth considering alongside cash generation and valuation changes. Supplemental coverage of a company release reports that net distributable cash flow rose 46.4% year over year to C$54.7 million. It also says a C$58.9 million unrealized valuation loss contributed to a quarterly net loss of C$6.2 million. These figures aren’t in the supplied earnings calendar, so check them against the company’s full results. Alaris has beaten estimates in two of its last four reported quarters, a mixed record rather than a steady run of beats.
EPS: -C$0.1352 vs. C$0.79 estimate
EPS missed the estimate by 117.1%. In the two previous quarters, EPS was C$0.69, above estimates of C$0.47 and C$0.41.
Bull case
The positive case depends on whether the reported increase in net distributable cash flow is confirmed in the full results. It also rests on the difference between cash generation and an unrealized loss in portfolio valuations. The supplied fundamentals snapshot lists a 6.28% dividend yield and trailing EPS of C$3.29. Those figures don’t guarantee that distributions are secure, but they may help explain why income-focused investors look beyond one quarter’s EPS. The average analyst target is C$29.71, above the last close of C$22.03. See analyst ratings and targets.
Bear case
The EPS miss was severe. Calendar data also shows the estimate for next period fell to C$0.63 from C$0.79, despite upward revisions over the past 30 days. The stock closed at C$22.03, below its 50-day and 200-day moving averages, and fell 7.09% over the past month. If the valuation loss reflects weaker partner valuations or continues, it could hurt reported results even if distributable cash flow remains steady. The supplied figures don’t include a full breakdown of revenue or margins, so they don’t show what drove the earnings miss.
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