Artis Real Estate Investment Trust expected to post earnings of 36 centsa share - Earnings Preview

RFA Financial

02/11/2022 01:03

* Artis Real Estate Investment Trust  AX_u.TO   is expected
to show a fall in quarterly revenue when it reports  results on
November 3. 
    * The Winnipeg Manitoba-based  company is expected to report
 a
7.2% decrease in revenue to C$90.6 million from C$97.66 million
a year ago, 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 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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​, above​ its last closing price
of C$9.60. ​​​

This summary was machine generated November 2 at 01:03 GMT.  All
figures in Canadian dollars  unless otherwise stated