Q2 2018 EPS Estimates for Allied Properties Real Estate Investment Reduced by Raymond James Financial (AP)
Allied Properties Real Estate Investment (TSE:AP) – Raymond James Financial reduced their Q2 2018 EPS estimates for shares of Allied Properties Real Estate Investment in a note issued to investors on Tuesday. Raymond James Financial analyst K. Avalos now expects that the company will earn $0.55 per share for the quarter, down from their prior estimate of $0.58. Raymond James Financial also issued estimates for Allied Properties Real Estate Investment’s Q3 2018 earnings at $0.57 EPS, Q4 2018 earnings at $0.58 EPS and FY2018 earnings at $2.25 EPS.
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Separately, Desjardins reissued a “buy” rating on shares of Allied Properties Real Estate Investment in a research note on Thursday, August 17th.
The company also recently announced a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be paid a dividend of $0.127 per share. This represents a $1.52 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.
Allied Properties Real Estate Investment Company Profile
Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).
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