Q2 2022 EPS estimates for Summit Industrial Income REIT (TSE:SMU) lowered by Desjardins

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Summit Industrial Income REIT (EAST: EMSGet a rating) – Desjardins dropped its Q2 2022 earnings per share (EPS) estimates for Summit Industrial Income REIT in a research report delivered to clients and investors on Wednesday, May 11. Desjardins analyst Markidis now expects the company to post earnings per share of $0.18 for the quarter, down from its previous forecast of $0.19. Desjardins also released estimates for Summit Industrial Income REIT’s Q3 2022 earnings at $0.18 EPS and full-year 2022 earnings at $0.73 EPS.

Summit Industrial Income REIT (EAST: EMSGet a rating) last released its quarterly earnings data on Wednesday, February 16. The company reported earnings per share (EPS) of C$0.73 for the quarter, beating consensus analyst estimates of C$0.18 by C$0.55. The company had revenue of C$41.26 million for the quarter.

The company also recently announced a monthly dividend, which will be paid on Friday, May 13. Shareholders of record on Saturday, April 30 will receive a dividend of $0.047 per share. This represents a dividend of $0.56 on an annualized basis and a dividend yield of ∞. The ex-date of this dividend is Thursday, April 28.

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Earnings History and Estimates for Summit Industrial Income REIT (TSE:SMU)



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