Dream Industrial Real Estate Invest Trst to Post FY2017 Earnings of $0.90 Per Share, Desjardins Forecasts (DIR)
Dream Industrial Real Estate Invest Trst (TSE:DIR) – Equities research analysts at Desjardins reduced their FY2017 earnings estimates for shares of Dream Industrial Real Estate Invest Trst in a research report issued on Wednesday. Desjardins analyst M. Markidis now forecasts that the company will earn $0.90 per share for the year, down from their prior forecast of $0.92. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Dream Industrial Real Estate Invest Trst’s FY2018 earnings at $0.89 EPS and FY2019 earnings at $0.90 EPS.
Shares of Dream Industrial Real Estate Invest Trst (TSE DIR) opened at C$8.88 on Monday. Dream Industrial Real Estate Invest Trst has a twelve month low of C$7.58 and a twelve month high of C$9.25.
About Dream Industrial Real Estate Invest Trst
Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions.
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