Desjardins Has Bearish Forecast for CVE:NET FY2024 Earnings

Canadian Net Real Estate Investment Trust (CVE:NETFree Report) – Equities researchers at Desjardins lowered their FY2024 earnings estimates for shares of Canadian Net Real Estate Investment Trust in a report issued on Wednesday, November 20th. Desjardins analyst K. Stanley now anticipates that the company will post earnings per share of $0.60 for the year, down from their previous estimate of $0.62. Desjardins also issued estimates for Canadian Net Real Estate Investment Trust’s Q4 2024 earnings at $0.15 EPS and FY2026 earnings at $0.65 EPS.

Canadian Net Real Estate Investment Trust (CVE:NETGet Free Report) last posted its earnings results on Tuesday, August 20th. The company reported C($0.43) EPS for the quarter, missing the consensus estimate of C$0.15 by C($0.58). The firm had revenue of C$6.59 million for the quarter.

Separately, Ventum Cap Mkts upgraded shares of Canadian Net Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, July 29th.

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Earnings History and Estimates for Canadian Net Real Estate Investment Trust (CVE:NET)

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