Allied Properties Real Estate Investment Forecasted to Earn Q3 2017 Earnings of $0.55 Per Share (AP)
Allied Properties Real Estate Investment (TSE:AP) – Equities researchers at Raymond James Financial reduced their Q3 2017 earnings per share (EPS) estimates for Allied Properties Real Estate Investment in a note issued to investors on Tuesday. Raymond James Financial analyst K. Avalos now forecasts that the company will post earnings of $0.55 per share for the quarter, down from their previous estimate of $0.56. Raymond James Financial also issued estimates for Allied Properties Real Estate Investment’s Q4 2017 earnings at $0.54 EPS, FY2017 earnings at $2.15 EPS and Q1 2018 earnings at $0.55 EPS.
Separately, Desjardins reiterated a “buy” rating on shares of Allied Properties Real Estate Investment in a research report on Thursday, August 17th.
The company also recently disclosed a monthly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.127 per share. This represents a $1.52 annualized dividend and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.
Allied Properties Real Estate Investment Company Profile
Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).
Receive News & Stock Ratings for Allied Properties Real Estate Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Properties Real Estate Investment and related stocks with our FREE daily email newsletter.