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Analysts Issue Forecasts for Artis REIT’s Q2 2019 Earnings (TSE:AX) - Riverton Roll

Analysts Issue Forecasts for Artis REIT’s Q2 2019 Earnings (TSE:AX) - Riverton Roll

Artis REIT (TSE:AX) – Analysts at National Bank Financial issued their Q2 2019 earnings per share (EPS) estimates for shares of Artis REIT in a note issued to investors on Thursday, July 11th, according to Zacks Investment Research. National Bank Financial analyst M. Kornack expects that the company will post earnings of $0.36 per share for the quarter. National Bank Financial also issued estimates for Artis REIT’s FY2019 earnings at $1.41 EPS.

Separately, Echelon Wealth Partners reaffirmed a “buy” rating on shares of Ascendant Resources in a research report on Friday, May 10th.

Artis REIT has a 52-week low of C$12.82 and a 52-week high of C$14.42.

Artis REIT (TSE:AX) last announced its quarterly earnings data on Thursday, May 9th. The company reported C$0.13 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.33 by C($0.20). The firm had revenue of C$133.55 million for the quarter.

About Artis REIT

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

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Earnings History and Estimates for Artis REIT (TSE:AX)

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2019-07-22 10:11:20Z
https://rivertonroll.com/news/2019/07/22/artis-reit-expected-to-earn-q2-2019-earnings-of-0-36-per-share-tseax.html

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