Allied Properties Real Estate Investment Trust expected to post a share - Earnings Preview

Allied Properties Real Estate Investment Trust

26/04/2024 22:38

* Allied Properties Real Estate Investment Trust  AP_u.TO 
 is
expected to show a rise in quarterly revenue when it reports 
results on April 30 for the period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report a
60.3% increase in revenue to C$222 million from C$138.49 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Allied Properties Real
Estate
Investment Trust is for earnings of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Allied
Properties
Real Estate Investment Trust is C$20.00​, above​ its last
closing price of C$17.07. ​​​

This summary was machine generated April 26 at 21:38 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)