Automotive Properties Real Est Invt TR (TSE:APR) – Equities research analysts at National Bank Financial dropped their FY2018 EPS estimates for Automotive Properties Real Est Invt TR in a research report issued on Tuesday, October 16th, Zacks Investment Research reports. National Bank Financial analyst T. Woolley now expects that the company will post earnings per share of $1.00 for the year, down from their previous forecast of $1.02. National Bank Financial also issued estimates for Automotive Properties Real Est Invt TR’s FY2019 earnings at $0.98 EPS.
Separately, Desjardins reissued a “buy” rating on shares of Automotive Properties Real Est Invt TR in a research report on Tuesday, October 16th.
Automotive Properties Real Est Invt TR (TSE:APR) last announced its quarterly earnings results on Monday, August 13th. The company reported C$0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.26 by C($0.06). The company had revenue of C$11.37 million for the quarter.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be given a dividend of $0.067 per share. This represents a $0.80 annualized dividend and a yield of 8.08%. The ex-dividend date is Tuesday, October 30th.
Automotive Properties Real Est Invt TR Company Profile
Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.
Featured Story: Terms to Better Understand Call Options
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Automotive Properties Real Est Invt TR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Automotive Properties Real Est Invt TR and related companies with MarketBeat.com's FREE daily email newsletter.