Analysts Issue Forecasts for Killam Apartment REIT’s FY2018 Earnings (KMP)
Killam Apartment REIT (TSE:KMP) – Investment analysts at Desjardins lowered their FY2018 earnings per share (EPS) estimates for Killam Apartment REIT in a note issued to investors on Wednesday. Desjardins analyst M. Markidis now expects that the company will post earnings of $0.92 per share for the year, down from their previous estimate of $0.93. Desjardins has a “Buy” rating on the stock.
Killam Apartment REIT (TSE:KMP) opened at C$14.13 on Monday. Killam Apartment REIT has a 12-month low of C$11.57 and a 12-month high of C$14.40.
About Killam Apartment REIT
Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.
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