Q4 2022 EPS Estimates for European Commercial REIT (TSE:ERE) Cut by Analyst

European Commercial REIT (TSE:EREGet Rating) – Echelon Wealth Partners reduced their Q4 2022 EPS estimates for shares of European Commercial REIT in a research report issued to clients and investors on Tuesday, May 3rd. Echelon Wealth Partners analyst D. Chrystal now anticipates that the company will post earnings per share of $0.06 for the quarter, down from their previous estimate of $0.07.

European Commercial REIT (TSE:EREGet Rating) last issued its earnings results on Thursday, February 17th. The company reported C$0.28 EPS for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.22. The business had revenue of C$28.87 million during the quarter.

The firm also recently announced a monthly dividend, which was paid on Monday, April 18th. Stockholders of record on Thursday, March 31st were paid a $0.014 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend was Wednesday, March 30th. This is an increase from European Commercial REIT’s previous monthly dividend of $0.01.

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

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