Allied Properties Real Estate Investment Trust expected to post earnings of 60centsa share - Earnings Preview

Allied Properties Real Estate Investment Trust

23/10/2023 22:01

* Allied Properties Real Estate Investment Trust  AP_u.TO 
 is
expected to show a fall in quarterly revenue when it reports 
results on October 25. 
    * The Toronto Ontario-based  company is expected to report 
a
11.9% decrease in revenue to C$138.4 million from C$157.17
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Allied Properties
Real
Estate Investment Trust is for earnings of 60 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Allied
Properties
Real Estate Investment Trust is C$26​, above​ its last closing
price of C$16.25. ​​​

This summary was machine generated October 23 at 21:00 GMT.  All
figures in Canadian dollars  unless otherwise stated