Q3 2022 EPS Estimates for Auto Prop Reit (TSE:APR) Cut by Analyst

Auto Prop Reit (TSE:APR – Get Rating) – Analysts at Raymond James dropped their Q3 2022 earnings estimates for Auto Prop Reit in a report issued on Monday, May 16th. Raymond James analyst B. Sturges now expects that the company will earn $0.24 per share for the quarter, down from their prior forecast of $0.25. Raymond James also issued estimates for Auto Prop Reit’s FY2022 earnings at $0.98 EPS and Q1 2023 earnings at $0.25 EPS.

Auto Prop Reit (TSE:APR – Get Rating) last released its earnings results on Tuesday, March 22nd. The company reported C$0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.03). The business had revenue of C$19.78 million during the quarter.

The company also recently disclosed a monthly dividend, which was paid on Friday, April 15th. Shareholders of record on Thursday, March 31st were given a $0.067 dividend. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of ∞.

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