Analysts Issue Forecasts for Edgefront Real Estate Investment Trust’s Q1 2024 Earnings (TSE:NXR)

Posted by ABMN Staff on Apr 27th, 2024

Edgefront Real Estate Investment Trust (TSE:NXR – Free Report) – Investment analysts at National Bank Financial issued their Q1 2024 earnings per share estimates for shares of Edgefront Real Estate Investment Trust in a research report issued to clients and investors on Tuesday, April 23rd. National Bank Financial analyst M. Kornack expects that the company will post earnings of $0.17 per share for the quarter. National Bank Financial also issued estimates for Edgefront Real Estate Investment Trust’s FY2024 earnings at $0.75 EPS and FY2025 earnings at $0.86 EPS.

Edgefront Real Estate Investment Trust (TSE:NXR – Get Free Report) last issued its earnings results on Wednesday, March 13th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.19 by C($0.17). The company had revenue of C$42.01 million during the quarter.

Edgefront Real Estate Investment Trust Stock Performance

Edgefront Real Estate Investment Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were issued a dividend of $0.053 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of ∞.

About Edgefront Real Estate Investment Trust

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Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.