Q1 2024 Earnings Estimate for Allied Properties Real Estate Investment Trust (TSE:AP) Issued By National Bank Financial

Allied Properties Real Estate Investment Trust (TSE:AP) – Equities researchers at National Bank Financial issued their Q1 2024 earnings estimates for Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Tuesday, April 23rd. National Bank Financial analyst M. Kornack forecasts that the company will post earnings of $0.59 per share for the quarter. National Bank Financial also issued estimates for Allied Properties Real Estate Investment Trust’s FY2024 earnings at $2.16 EPS and FY2025 earnings at $2.23 EPS.

Allied Properties Real Estate Investment Trust Stock Performance

Allied Properties Real Estate Investment Trust (TSE:AP) last issued its quarterly earnings results on Wednesday, January 31st. The company reported C($3.57) EPS for the quarter, missing the consensus estimate of C$0.62 by C($4.19). The business had revenue of C$150.90 million for the quarter.

Allied Properties Real Estate Investment Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $1.80 dividend on an annualized basis and a yield of ∞.

Allied Properties Real Estate Investment Trust Company Profile

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.