Killam Apartment REIT expected to post a share - Earnings Preview

Killam Apartment REIT

06/08/2024 03:23

* Killam Apartment REIT  KMP_u.TO   is expected to show a
fall in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Halifax Nova Scotia-based  company is expected to
report a
12.8% decrease in revenue to C$75.75 million from C$86.86
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (SAL represents Total /Property
Revenue)
    * ​LSEG's mean analyst estimate for Killam Apartment REIT is
for
earnings of 30 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$18.59. ​​​

This summary was machine generated August 6 at 02:23 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)