Summit Industrial Income REIT (TSE:SMU) to Post Q1 2022 Earnings of $0.19 Per Share, National Bank Financial Forecasts

Summit Industrial Income REIT (TSE:SMU – Get Rating) – Investment analysts at National Bank Financial issued their Q1 2022 earnings per share (EPS) estimates for shares of Summit Industrial Income REIT in a report issued on Tuesday, April 26th. National Bank Financial analyst M. Kornack expects that the company will post earnings per share of $0.19 for the quarter. National Bank Financial also issued estimates for Summit Industrial Income REIT’s FY2023 earnings at $0.79 EPS.

Summit Industrial Income REIT (TSE:SMU – Get Rating) last posted its earnings results on Wednesday, February 16th. The company reported C$0.73 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.18 by C$0.55. The company had revenue of C$41.26 million during the quarter.

The business also recently announced a monthly dividend, which will be paid on Friday, May 13th. Investors of record on Saturday, April 30th will be issued a $0.047 dividend. The ex-dividend date of this dividend is Thursday, April 28th. This represents a $0.56 dividend on an annualized basis and a yield of ∞.

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