Dream Industrial REIT (TSE:DIR) to Post FY2020 Earnings of $0.80 Per Share, National Bank Financial Forecasts

Dream Industrial REIT (TSE:DIR) – Research analysts at National Bank Financial dropped their FY2020 earnings per share (EPS) estimates for Dream Industrial REIT in a research report issued on Wednesday, November 6th. National Bank Financial analyst M. Kornack now forecasts that the company will earn $0.80 per share for the year, down from their previous forecast of $0.82.

Dream Industrial REIT has a 1 year low of C$8.08 and a 1 year high of C$9.49.

Dream Industrial REIT (TSE:DIR) last announced its earnings results on Tuesday, August 6th. The company reported C$0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.20 by C$0.41. The business had revenue of C$49.80 million for the quarter.

Dream Industrial REIT Company Profile

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.

Further Reading: Book Value Of Equity Per Share – BVPS Explained

Earnings History and Estimates for Dream Industrial REIT (TSE:DIR)

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