Killam Apartment REIT expected to post earnings of 29centsa share - Earnings Preview

Killam Apartment REIT

08/08/2023 03:06

* Killam Apartment REIT  KMP_u.TO   is expected to show a
rise in
quarterly revenue when it reports  results on August 9. 
    * The Halifax Nova Scotia-based  company is expected to
report  a
6.4% increase in revenue to C$86.75 million from C$81.55 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Killam Apartment
REIT is
for earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 Killam
Apartment
REIT is C$21.38​, above​ its last closing price of C$17.99. ​​​

This summary was machine generated August 8 at 02:06 GMT.  All
figures in Canadian dollars  unless otherwise stated