FY2024 EPS Estimates for Allied Properties Real Estate Investment Trust (TSE:AP) Reduced by Desjardins

Allied Properties Real Estate Investment Trust (TSE:AP) – Investment analysts at Desjardins reduced their FY2024 EPS estimates for Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, May 1st. Desjardins analyst L. Kalmar now anticipates that the company will earn $2.01 per share for the year, down from their previous estimate of $2.24. Desjardins also issued estimates for Allied Properties Real Estate Investment Trust’s FY2025 earnings at $1.97 EPS.

Allied Properties Real Estate Investment Trust (TSE:AP) last released its quarterly earnings data on Wednesday, January 31st. The company reported C($3.57) earnings per share (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 during the quarter.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be given 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 dividend 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.