Desjardins Equities Analysts Increase Earnings Estimates for Summit Industrial Income REIT (TSE:SMU)

Summit Industrial Income REIT (TSE:SMU) – Research analysts at Desjardins increased their FY2021 earnings estimates for Summit Industrial Income REIT in a research report issued to clients and investors on Wednesday, May 12th. Desjardins analyst M. Markidis now anticipates that the company will post earnings of $0.68 per share for the year, up from their prior estimate of $0.67. Desjardins also issued estimates for Summit Industrial Income REIT’s FY2023 earnings at $0.75 EPS.

Summit Industrial Income REIT (TSE:SMU) last posted its quarterly earnings results on Wednesday, February 17th. The company reported C$0.60 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.16 by C$0.44. The business had revenue of C$51.25 million during the quarter.

The firm also recently declared a monthly dividend, which was paid on Friday, May 14th. Shareholders of record on Friday, April 30th were paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Thursday, April 29th.

Featured Article: Total Return

Earnings History and Estimates for Summit Industrial Income REIT (TSE:SMU)

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