Analysts Set Expectations for InterRent REIT FY2025 Earnings

InterRent REIT (TSE:IIP) – Equities research analysts at Desjardins decreased their FY2025 EPS estimates for shares of InterRent REIT in a research note issued on Tuesday, January 28th. Desjardins analyst K. Stanley now expects that the company will earn $0.65 per share for the year, down from their previous estimate of $0.66.

InterRent REIT (TSE:IIP) last issued its quarterly earnings data on Monday, November 4th. The company reported C($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.16 by C($0.66). During the same quarter in the previous year, the company posted $0.15 earnings per share.

IIP has been the subject of several other research reports. TD Securities upgraded shares of InterRent REIT from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 6th. Raymond James downgraded shares of InterRent REIT from a “strong-buy” rating to a “moderate buy” rating in a report on Tuesday, November 5th.

InterRent REIT Stock Performance

InterRent REIT has a 1 year low of C$7.31 and a 1 year high of C$10.19.

About InterRent REIT

InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).