Boardwalk REIT (TSE:BEI) – National Bank Financial increased their FY2017 earnings per share estimates for Boardwalk REIT in a research report issued to clients and investors on Monday. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $2.14 per share for the year, up from their previous estimate of $2.12. National Bank Financial has a “Sector Perform Under Weight” rating on the stock. National Bank Financial also issued estimates for Boardwalk REIT’s FY2019 earnings at $2.79 EPS.
Boardwalk REIT (TSE:BEI) last released its quarterly earnings results on Tuesday, November 14th. The company reported C$0.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.57 by C$0.30. Boardwalk REIT had a return on equity of 5.82% and a net margin of 42.07%.
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Boardwalk REIT Company Profile
Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.
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