Desjardins Weighs in on CT Real Estate Investment’s Q1 2020 Earnings (TSE:CRT)

CT Real Estate Investment (TSE:CRT) – Desjardins issued their Q1 2020 earnings estimates for CT Real Estate Investment in a report issued on Tuesday, February 11th. Desjardins analyst M. Markidis forecasts that the company will earn $0.30 per share for the quarter. Desjardins also issued estimates for CT Real Estate Investment’s Q2 2020 earnings at $0.30 EPS, Q3 2020 earnings at $0.30 EPS and Q4 2020 earnings at $0.31 EPS.

Separately, National Bank Financial reissued an “outperfrom under weight” rating on shares of CT Real Estate Investment in a research note on Sunday, January 26th.

CT Real Estate Investment (TSE:CRT) last released its quarterly earnings results on Monday, February 10th. The company reported C$0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.30 by C($0.01). The firm had revenue of C$123.69 million during the quarter.

The firm also recently declared a monthly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.066 dividend. This is a boost from CT Real Estate Investment’s previous monthly dividend of $0.06. The ex-dividend date was Monday, December 30th. This represents a $0.79 annualized dividend and a dividend yield of ∞.

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Earnings History and Estimates for CT Real Estate Investment (TSE:CRT)

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