European Commercial REIT (TSE:ERE – Free Report) – Equities researchers at Cormark boosted their Q2 2024 earnings estimates for shares of European Commercial REIT in a note issued to investors on Monday, May 6th. Cormark analyst S. Srinivas now anticipates that the company will post earnings per share of $0.07 for the quarter, up from their previous estimate of $0.06.
Separately, Echelon Wealth Partners upgraded European Commercial REIT from a “hold” rating to a “speculative buy” rating in a research note on Thursday, February 22nd.
European Commercial REIT Price Performance
European Commercial REIT (TSE:ERE – Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The company reported C($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.29). The company had revenue of C$36.22 million during the quarter.
European Commercial REIT Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.015 per share. The ex-dividend date is Monday, April 29th. This represents a $0.18 annualized dividend and a yield of ∞.
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