Desjardins Has Bearish Estimate for TSE:BEI FY2025 Earnings

Boardwalk Real Estate Investment Trust (TSE:BEI) – Analysts at Desjardins reduced their FY2025 EPS estimates for shares of Boardwalk Real Estate Investment Trust in a research report issued to clients and investors on Tuesday, January 28th. Desjardins analyst K. Stanley now forecasts that the company will post earnings of $4.39 per share for the year, down from their previous forecast of $4.44. Desjardins also issued estimates for Boardwalk Real Estate Investment Trust’s FY2026 earnings at $4.71 EPS.

Boardwalk Real Estate Investment Trust (TSE:BEI) last released its earnings results on Tuesday, November 5th. The company reported C$1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.10 by C$0.02. During the same quarter in the previous year, the business earned $0.96 earnings per share.

Separately, BMO Capital Markets cut Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust has a 12-month low of C$37.96 and a 12-month high of C$49.75.

About Boardwalk Real Estate Investment Trust

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.