Allied Properties Real Estate Investment Trust (TSE:AP) Expected to Earn FY2024 Earnings of $2.53 Per Share

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) – Stock analysts at National Bank Financial upped their FY2024 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, June 21st. National Bank Financial analyst M. Kornack now anticipates that the company will earn $2.53 per share for the year, up from their previous estimate of $2.49.

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) last issued its earnings results on Wednesday, April 26th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.60 by C($0.70). The firm had revenue of C$138.49 million per quarter.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust Dividend Announcement

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The firm also recently announced a monthly dividend, which will be paid on Monday, July 17th. Stockholders of record on Friday, June 30th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, June 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of ∞.

About Allied Properties Real Estate Investment Trust

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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.

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Earnings History and Estimates for Allied Properties Real Estate Investment Trust (TSE:AP)

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