National Bank Financial Analysts Decrease Earnings Estimates for Allied Properties Real Estate Investment Trust (TSE:AP)

Allied Properties Real Estate Investment Trust (TSE:AP) – Research analysts at National Bank Financial lowered their FY2025 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a report released on Wednesday, May 1st. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings per share of $2.11 for the year, down from their previous forecast of $2.23.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust (TSE:AP) last announced its quarterly earnings data on Wednesday, January 31st. The company reported C($3.57) earnings per share for the quarter, missing the consensus estimate of C$0.62 by C($4.19). The company had revenue of C$150.90 million during the quarter.

Allied Properties Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a dividend yield of ∞. The ex-dividend date is Monday, April 29th.

Allied Properties Real Estate Investment Trust Company Profile

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.