European Commercial REIT (ERE) Set to Announce Earnings on Thursday

European Commercial REIT (TSE:EREGet Free Report) will be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect European Commercial REIT to post earnings of C$0.06 per share for the quarter.

European Commercial REIT (TSE:EREGet Free Report) last issued its earnings results on Wednesday, February 21st. The company reported C($0.23) EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.29). The firm had revenue of C$36.22 million for the quarter.

European Commercial REIT Stock Performance

European Commercial REIT Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a $0.015 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, April 29th.

Wall Street Analyst Weigh In

Separately, Echelon Wealth Partners raised shares of European Commercial REIT from a “hold” rating to a “speculative buy” rating in a research note on Thursday, February 22nd.

Check Out Our Latest Stock Analysis on ERE

See Also

Earnings History for European Commercial REIT (TSE:ERE)

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