Q4 2023 EPS Estimates for Dream Residential Real Estate Investment Trust Boosted by Analyst (TSE:DRR)

Dream Residential Real Estate Investment Trust (TSE:DRR) – Equities researchers at Desjardins lifted their Q4 2023 earnings estimates for Dream Residential Real Estate Investment Trust in a research report issued to clients and investors on Monday, November 13th. Desjardins analyst K. Stanley now forecasts that the company will earn $0.25 per share for the quarter, up from their previous forecast of $0.24. Desjardins also issued estimates for Dream Residential Real Estate Investment Trust’s FY2025 earnings at $1.10 EPS.

Dream Residential Real Estate Investment Trust (TSE:DRR) last issued its quarterly earnings results on Wednesday, November 8th. The company reported C($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.38). The business had revenue of C$16.06 million during the quarter.

Dream Residential Real Estate Investment Trust Price Performance

Dream Residential Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were issued a dividend of $0.035 per share. The ex-dividend date was Monday, October 30th. This represents a $0.42 annualized dividend and a dividend yield of ∞.