Q2 2022 EPS Estimates for Summit Industrial Income REIT (TSE:SMU) Decreased by Desjardins

Summit Industrial Income REIT (TSE:SMUGet Rating) – Desjardins dropped their Q2 2022 earnings per share (EPS) estimates for Summit Industrial Income REIT in a research report issued to clients and investors on Wednesday, May 11th. Desjardins analyst M. Markidis now expects that the company will post earnings per share of $0.18 for the quarter, down from their previous forecast of $0.19. Desjardins also issued estimates for Summit Industrial Income REIT’s Q3 2022 earnings at $0.18 EPS and FY2022 earnings at $0.73 EPS.

Summit Industrial Income REIT (TSE:SMUGet Rating) last issued its quarterly earnings data on Wednesday, February 16th. The company reported C$0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.18 by C$0.55. The company had revenue of C$41.26 million for the quarter.

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

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Earnings History and Estimates for Summit Industrial Income REIT (TSE:SMU)

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