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Desjardins Equities Analysts Decrease Earnings Estimates for Artis REIT (TSE:AX) - Darby News

Desjardins Equities Analysts Decrease Earnings Estimates for Artis REIT (TSE:AX) - Darby News

Artis REIT (TSE:AX) – Stock analysts at Desjardins decreased their FY2019 earnings per share (EPS) estimates for Artis REIT in a note issued to investors on Tuesday, November 5th. Desjardins analyst M. Markidis now forecasts that the company will post earnings per share of $1.39 for the year, down from their previous forecast of $1.45. Desjardins also issued estimates for Artis REIT’s Q4 2019 earnings at $0.35 EPS and FY2021 earnings at $1.43 EPS.

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

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)



2019-11-06 12:07:30Z
https://darbydigitalnews.com/latest-news/desjardins-equities-analysts-decrease-earnings-estimates-for-artis-reit-tseax/34341.html

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