Mainstreet Equity Corp. (TSE:MEQ) Set to Announce Earnings on Wednesday

Mainstreet Equity Corp. (TSE:MEQ) is scheduled to release its earnings data before the market opens on Wednesday, July 19th. Analysts expect Mainstreet Equity Corp. to post earnings of $0.54 per share for the quarter.

Shares of Mainstreet Equity Corp. (TSE:MEQ) opened at 37.40 on Tuesday. The stock has a market capitalization of $332.37 million and a P/E ratio of 7.70. Mainstreet Equity Corp. has a one year low of $30.20 and a one year high of $38.04. The stock’s 50 day moving average price is $37.19 and its 200 day moving average price is $35.49.

Separately, TD Securities decreased their price objective on Mainstreet Equity Corp. from C$38.00 to C$37.00 and set a “hold” rating for the company in a research note on Wednesday, May 10th.

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About Mainstreet Equity Corp.

Mainstreet Equity Corp. is a Canada-based real estate company, which is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings. The Company is engaged in multi-family residential housing. The Company operates in four Canadian markets: Vancouver/Lower Mainland, Calgary (including the City of Lethbridge and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan) and Saskatoon.

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