FY2017 EPS Estimates for Canadian REIT (REF) Lowered by National Bank Financial
Canadian REIT (TSE:REF) – Analysts at National Bank Financial reduced their FY2017 EPS estimates for shares of Canadian REIT in a research report issued to clients and investors on Monday. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $3.26 per share for the year, down from their previous forecast of $3.28. National Bank Financial also issued estimates for Canadian REIT’s Q4 2017 earnings at $0.79 EPS, FY2018 earnings at $3.27 EPS and FY2019 earnings at $3.29 EPS.
Shares of Canadian REIT (TSE REF) opened at C$43.54 on Wednesday. The stock has a market capitalization of $3,190.00, a price-to-earnings ratio of 17.77 and a beta of 0.29. Canadian REIT has a one year low of C$42.67 and a one year high of C$50.71.
About Canadian REIT
Canadian Real Estate Investment Trust (the Trust) is a real estate investment trust. The Trust’s primary business objective is to accumulate and aggressively manage a portfolio of real estate assets and deliver the benefits of such real estate ownership to its Unitholders. It operates in three segments: retail, industrial and office.
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