Killam Apartment REIT expected to post a share - Earnings Preview

Killam Apartment REIT

03/05/2024 23:15

* Killam Apartment REIT  KMP_u.TO   is expected to show a
rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Halifax Nova Scotia-based  company is expected to
report a
3.7% increase in revenue to C$88 million from C$84.9 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Killam Apartment REIT is
for
earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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 Killam
Apartment
REIT is C$22.00​, above​ its last closing price of C$17.17. ​​​

This summary was machine generated May 3 at 22:15 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)