Q3 Earnings Estimate for TSE:ERE Issued By Ventum Cap Mkts

European Commercial REIT (TSE:ERE) – Stock analysts at Ventum Cap Mkts issued their Q3 2024 earnings per share (EPS) estimates for shares of European Commercial REIT in a research report issued on Monday, November 4th. Ventum Cap Mkts analyst D. Chrystal forecasts that the company will post earnings of $0.06 per share for the quarter. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock.

Several other equities analysts also recently issued reports on ERE. Desjardins raised shares of European Commercial REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, August 11th. Raymond James raised shares of European Commercial REIT from a “hold” rating to a “moderate buy” rating in a research note on Monday, July 15th.

European Commercial REIT Price Performance

European Commercial REIT (TSE:ERE) last posted its quarterly earnings data on Tuesday, August 6th. The company reported C$0.11 EPS for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.05. The business had revenue of C$36.04 million during the quarter.

European Commercial REIT Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.015 per share. The ex-dividend date is Thursday, October 31st. This represents a $0.18 annualized dividend and a yield of ∞.