Artis Real Estate Investment Trust expected to post earnings of 33 cents a share - Earnings Preview

RFA Financial

02/11/2021 02:05

* Artis Real Estate Investment Trust  AX_u.TO   AX_u.TO  is
expected to report results on November 3.
* The Winnipeg, Manitoba-based company is expected to report
revenue of C$98.8 million, according to the estimate from one
analyst, based on Refinitiv data.  
​* Refinitiv's mean analyst estimate for Artis Real Estate
Investment Trust is for earnings of 33 cents per share. For the
same quarter last year, the company reported earnings of 30
cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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 Artis Real
Estate Investment Trust is C$12.5​, about 6.1% above​ its last
closing price of C$11.74. ​​​
* Previous quarterly performance (using preferred earnings
measure in Canadian dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.34        0.34       0.34      Met     0.5
 Mar. 312021   0.34        0.33       0.35      Beat    5
 Dec. 312020   0.35        0.35       0.34      Missed  -1.4​
 Sep. 302020   0.34        0.34       0.37      Beat    9.2
 ​​Jun.        0.33        0.32       0.36      Beat    11.7
 302020                                                 
 Mar. 312020   0.35        0.35       0.33      Missed  -6.3​
 Dec. 312019   0.35        0.34       0.37      Missed  9.1
 Sep. 302019   0.34        0.34       0.26      Met     0
 This summary was machine generated November 2 at 02:04 GMT.  All
figures in Canadian dollars unless otherwise stated