Brokers Issue Forecasts for Auto Prop Reit’s FY2023 Earnings (TSE:APR)
Auto Prop Reit (TSE:APR – Get Rating) – Equities research analysts at Raymond James cut their FY2023 earnings per share estimates for shares of Auto Prop Reit in a report released on Monday, May 16th. Raymond James analyst B. Sturges now anticipates that the company will earn $1.04 per share for the year, down from their prior forecast of $1.05.
Auto Prop Reit (TSE:APR – Get Rating) last issued its quarterly earnings data on Tuesday, March 22nd. The company reported C$0.21 EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.03). The firm had revenue of C$19.78 million for the quarter.
The firm also recently declared a monthly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st will be issued a $0.067 dividend. The ex-dividend date is Monday, May 30th. This represents a $0.80 annualized dividend and a dividend yield of ∞.
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