Canadian REIT to Post Q1 2019 Earnings of $0.83 Per Share, Raymond James Financial Forecasts (REF)

Canadian REIT (TSE:REF) – Equities researchers at Raymond James Financial issued their Q1 2019 earnings per share (EPS) estimates for shares of Canadian REIT in a research report issued to clients and investors on Thursday. Raymond James Financial analyst J. Rodrigues forecasts that the company will post earnings of $0.83 per share for the quarter. Raymond James Financial also issued estimates for Canadian REIT’s Q2 2019 earnings at $0.83 EPS, Q3 2019 earnings at $0.84 EPS and Q4 2019 earnings at $0.84 EPS.

Shares of Canadian REIT (TSE:REF) traded down C$0.09 during mid-day trading on Monday, hitting C$44.70. The stock had a trading volume of 12,147 shares, compared to its average volume of 83,064. Canadian REIT has a one year low of C$44.21 and a one year high of C$50.71. The firm has a market capitalization of $3,280.00, a price-to-earnings ratio of 18.24 and a beta of 0.37.

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Canadian REIT Company Profile

Canadian Real Estate Investment Trust (the Trust) is a real estate investment trust. The Trust’s primary business objective is to accumulate and aggressively manage a portfolio of real estate assets and deliver the benefits of such real estate ownership to its Unitholders. It operates in three segments: retail, industrial and office.

Earnings History and Estimates for Canadian REIT (TSE:REF)

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