FY2020 EPS Estimates for Artis REIT (TSE:AX) Lifted by National Bank Financial - Slater Sentinel

Artis REIT (TSE:AX) – National Bank Financial raised their FY2020 earnings estimates for Artis REIT in a research note issued on Sunday, January 26th. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings per share of $1.41 for the year, up from their prior forecast of $1.40.

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Artis REIT has a 52-week low of C$12.82 and a 52-week high of C$14.42.

Artis REIT (TSE:AX) last posted its quarterly earnings results on Monday, November 4th. The company reported C$0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.35 by C($0.07). The firm had revenue of C$127.01 million during the quarter.

About Artis REIT

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

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https://slatersentinel.com/news/2020/01/31/fy2020-eps-estimates-for-artis-reit-tseax-lifted-by-national-bank-financial.html

2020-01-31 11:44:37Z
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