Slate Office REIT (TSE:SOT) Forecasted to Earn Q2 2022 Earnings of $0.14 Per Share

Slate Office REIT (TSE:SOT – Get Rating) – Research analysts at Raymond James lowered their Q2 2022 earnings per share (EPS) estimates for shares of Slate Office REIT in a note issued to investors on Tuesday, May 17th. Raymond James analyst B. Sturges now expects that the company will earn $0.14 per share for the quarter, down from their previous forecast of $0.15. Raymond James also issued estimates for Slate Office REIT’s Q3 2022 earnings at $0.14 EPS, Q4 2022 earnings at $0.13 EPS, FY2022 earnings at $0.53 EPS, Q1 2023 earnings at $0.14 EPS, Q2 2023 earnings at $0.14 EPS, Q3 2023 earnings at $0.15 EPS and FY2023 earnings at $0.57 EPS.

Slate Office REIT (TSE:SOT – Get Rating) last issued its quarterly earnings results on Thursday, February 24th. The company reported C$0.19 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.14 by C$0.05. The business had revenue of C$44.29 million during the quarter.

Separately, National Bank Financial reaffirmed a “sector perform market weight” rating on shares of Slate Office REIT in a research report on Tuesday, April 26th.

The company also recently declared a monthly dividend, which was paid on Monday, April 18th. Shareholders of record on Thursday, March 31st were issued a $0.033 dividend. The ex-dividend date was Wednesday, March 30th. This represents a $0.40 annualized dividend and a yield of ∞.

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