FY2019 EPS Estimates for Artis REIT Increased by Raymond James (TSE:AX) - Mitchell Messenger

FY2019 EPS Estimates for Artis REIT Increased by Raymond James (TSE:AX) - Mitchell Messenger

Artis REIT (TSE:AX) – Equities researchers at Raymond James increased their FY2019 earnings per share (EPS) estimates for Artis REIT in a report released on Tuesday, November 5th, according to Zacks Investment Research. Raymond James analyst J. Rodrigues now anticipates that the company will earn $1.38 per share for the year, up from their previous estimate of $1.36. Raymond James also issued estimates for Artis REIT’s Q3 2020 earnings at $0.34 EPS, Q4 2020 earnings at $0.34 EPS, FY2020 earnings at $1.34 EPS and FY2021 earnings at $1.43 EPS.

Artis REIT (TSE:AX) last announced its quarterly earnings results on Monday, November 4th. The company reported C$0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.35 by C($0.07). The firm had revenue of C$127.01 million for the quarter.

Artis REIT has a one year low of C$12.82 and a one year high of C$14.42.

Artis REIT Company Profile

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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2019-11-23 07:45:38Z
https://mitchellmessenger.com/2019/11/23/artis-reit-to-post-fy2019-earnings-of-1-38-per-share-raymond-james-forecasts-tseax-updated-updated.html

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