Q4 2023 Earnings Forecast for Dream Industrial REIT (TSE:DIR) Issued By Raymond James

Dream Industrial REIT (TSE:DIRGet Rating) – Investment analysts at Raymond James increased their Q4 2023 earnings per share (EPS) estimates for shares of Dream Industrial REIT in a report issued on Monday, May 9th. Raymond James analyst B. Sturges now expects that the company will post earnings per share of $0.26 for the quarter, up from their previous forecast of $0.25.

Dream Industrial REIT has a 12 month low of C$8.08 and a 12 month high of C$9.49.

Dream Industrial REIT (TSE:DIRGet Rating) last posted its earnings results on Tuesday, February 15th. The company reported C$0.77 EPS for the quarter, beating the consensus estimate of C$0.20 by C$0.57. The business had revenue of C$79.29 million during the quarter.

The business also recently announced a monthly dividend, which will be paid on Friday, May 13th. Shareholders of record on Friday, April 29th will be issued a $0.058 dividend. The ex-dividend date is Thursday, April 28th. This represents a $0.70 dividend on an annualized basis and a yield of ∞.

About Dream Industrial REIT (Get Rating)

Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions.

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Earnings History and Estimates for Dream Industrial REIT (TSE:DIR)

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