Desjardins Research Analysts Lift Earnings Estimates for Granite Real Estate Investment Trust (GRT)

Granite Real Estate Investment Trust (TSE:GRT) – Analysts at Desjardins raised their Q4 2017 earnings estimates for Granite Real Estate Investment Trust in a research report issued to clients and investors on Sunday. Desjardins analyst M. Markidis now expects that the real estate investment trust will post earnings per share of $0.84 for the quarter, up from their prior forecast of $0.83. Desjardins also issued estimates for Granite Real Estate Investment Trust’s FY2018 earnings at $3.48 EPS.

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About Granite Real Estate Investment Trust

Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.

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