Dream Office Real Estate Investment Trust (TSE:D) Forecasted to Post Q2 2023 Earnings of $0.34 Per Share

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) – Analysts at Desjardins issued their Q2 2023 earnings estimates for Dream Office Real Estate Investment Trust in a report issued on Tuesday, May 16th. Desjardins analyst L. Kalmar expects that the company will earn $0.34 per share for the quarter. Desjardins has a “Hold” rating on the stock. Desjardins also issued estimates for Dream Office Real Estate Investment Trust’s Q3 2023 earnings at $0.39 EPS, Q4 2023 earnings at $0.39 EPS, FY2023 earnings at $1.48 EPS and FY2024 earnings at $1.60 EPS.

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) last announced its quarterly earnings data on Thursday, February 16th. The company reported C($1.57) EPS for the quarter, missing the consensus estimate of C$0.36 by C($1.93). The firm had revenue of C$49.61 million for the quarter.

Separately, National Bank Financial cut shares of Dream Office Real Estate Investment Trust from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research note on Wednesday.

Dream Office Real Estate Investment Trust Stock Performance

Dream Office Real Estate Investment Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, June 15th. Investors of record on Wednesday, May 31st will be paid a dividend of $0.083 per share. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of ∞.