National Bank Financial Weighs in on Pro Reit’s FY2023 Earnings (TSE:PRV)

Pro Reit (TSE:PRV – Get Rating) – Equities research analysts at National Bank Financial reduced their FY2023 earnings estimates for shares of Pro Reit in a research report issued on Thursday, June 1st. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $0.53 per share for the year, down from their previous forecast of $0.54. National Bank Financial also issued estimates for Pro Reit’s FY2024 earnings at $0.55 EPS.

Get Pro Reit alerts:

Pro Reit (TSE:PRV – Get Rating) last released its quarterly earnings data on Wednesday, March 22nd. The company reported C$0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.13 by C($0.03). The company had revenue of C$25.07 million for the quarter.

Pro Reit Price Performance

Pro Reit Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.038 per share. This represents a $0.46 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Tuesday, May 30th.

Further Reading

• MarketBeat Week in Review – 5/29 – 6/2
• Trading Channel Breakout in Lululemon Brought by Earnings
• What Should Investors Make of These 3 Dividend Cuts?
• Constellation Brands Taps into Growth: Analysts Bullish on Stock
• CrowdStrike: Another Tech Stock to Buy on the Dip 

Receive News & Ratings for Pro Reit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pro Reit and related companies with MarketBeat.com's FREE daily email newsletter.