Boardwalk Real Estate Investment Trust (TSE:BEI) – Stock analysts at Desjardins cut their FY2018 earnings per share estimates for shares of Boardwalk Real Estate Investment Trust in a research report issued to clients and investors on Thursday, November 15th. Desjardins analyst M. Markidis now forecasts that the company will post earnings of $2.25 per share for the year, down from their prior estimate of $2.31. Desjardins also issued estimates for Boardwalk Real Estate Investment Trust’s FY2019 earnings at $2.51 EPS and FY2020 earnings at $2.68 EPS.

Boardwalk Real Estate Investment Trust (TSE:BEI) last issued its quarterly earnings results on Monday, August 13th. The company reported C$1.22 EPS for the quarter, topping the consensus estimate of C$0.56 by C$0.66. The company had revenue of C$108.39 million during the quarter.

Shares of BEI opened at C$43.65 on Friday. Boardwalk Real Estate Investment Trust has a 52-week low of C$37.96 and a 52-week 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.

See Also: Dollar Cost Averaging

Earnings History and Estimates for Boardwalk Real Estate Investment Trust (TSE:BEI)

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