Q1 2025 EPS Estimates for European Commercial REIT (TSE:ERE) Reduced by Cormark

European Commercial REIT (TSE:ERE) – Stock analysts at Cormark cut their Q1 2025 earnings per share (EPS) estimates for shares of European Commercial REIT in a report released on Wednesday, September 18th. Cormark analyst S. Srinivas now expects that the company will post earnings per share of $0.05 for the quarter, down from their prior forecast of $0.06. Cormark also issued estimates for European Commercial REIT’s Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.03 EPS and FY2025 earnings at $0.15 EPS.

ERE has been the topic of a number of other reports. Raymond James raised shares of European Commercial REIT from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. Ventum Cap Mkts upgraded European Commercial REIT to a “strong-buy” rating in a research note on Monday, July 15th. Finally, Desjardins upgraded European Commercial REIT from a “hold” rating to a “moderate buy” rating in a research note on Sunday, August 11th.

European Commercial REIT Price Performance

European Commercial REIT (TSE:ERE) last issued its quarterly earnings results on Tuesday, August 6th. The company reported C$0.11 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.05. The business had revenue of C$36.04 million for the quarter.

European Commercial REIT Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.015 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of ∞.