Cormark Equities Analysts Lift Earnings Estimates for European Commercial REIT (TSE:ERE)

European Commercial REIT (TSE:EREFree Report) – Research analysts at Cormark raised their Q2 2024 earnings per share (EPS) estimates for shares of European Commercial REIT in a note issued to investors on Monday, May 6th. Cormark analyst S. Srinivas now anticipates that the company will earn $0.07 per share for the quarter, up from their previous forecast of $0.06.

European Commercial REIT (TSE:EREGet Free Report) last posted its earnings results on Wednesday, February 21st. The company reported C($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.29). The business had revenue of C$36.22 million during the quarter.

Separately, Echelon Wealth Partners raised European Commercial REIT from a “hold” rating to a “speculative buy” rating in a research note on Thursday, February 22nd.

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European Commercial REIT Price Performance

European Commercial REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.015 per share. This represents a $0.18 dividend on an annualized basis and a yield of ?. The ex-dividend date is Monday, April 29th.

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Earnings History and Estimates for European Commercial REIT (TSE:ERE)

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