Artis REIT Expected to Post Q1 2019 Earnings of $0.33 Per Share (AX)
Artis REIT (TSE:AX) – Investment analysts at National Bank Financial issued their Q1 2019 earnings estimates for Artis REIT in a research note issued on Tuesday, April 16th. National Bank Financial analyst M. Kornack anticipates that the company will post earnings of $0.33 per share for the quarter.
Artis REIT (TSE:AX) last announced its quarterly earnings data on Thursday, February 28th. The company reported C$0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.33 by C($0.28). The company had revenue of C$137.30 million for the quarter.
Artis REIT has a 1 year low of C$12.82 and a 1 year high of C$14.42.
The company also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a dividend of $0.045 per share. This represents a $0.54 annualized dividend and a yield of ∞. The ex-dividend date was Thursday, March 28th.
About Artis REIT
Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.
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