Granite Real Estate Investment Trust to Post FY2017 Earnings of $3.30 Per Share, Desjardins Forecasts (GRT)

Granite Real Estate Investment Trust (TSE:GRT) – Equities research analysts at Desjardins raised their FY2017 earnings estimates for shares of Granite Real Estate Investment Trust in a research report issued on Wednesday. Desjardins analyst M. Markidis now forecasts that the real estate investment trust will earn $3.30 per share for the year, up from their prior forecast of $3.29. Desjardins also issued estimates for Granite Real Estate Investment Trust’s FY2018 earnings at $3.47 EPS and FY2019 earnings at $3.52 EPS.

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Granite Real Estate Investment Trust has a 12-month low of C$30.78 and a 12-month high of C$38.97.

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.

Earnings History and Estimates for Granite Real Estate Investment Trust (TSE:GRT)

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