Allied Properties Real Estate Investment Trust (TSE:AP) Forecasted to Earn Q1 2024 Earnings of $0.59 Per Share

Allied Properties Real Estate Investment Trust (TSE:AP) – National Bank Financial issued their Q1 2024 earnings estimates for Allied Properties Real Estate Investment Trust in a report issued on Tuesday, April 23rd. National Bank Financial analyst M. Kornack anticipates that the company will post earnings per share of $0.59 for the quarter. National Bank Financial also issued estimates for Allied Properties Real Estate Investment Trust’s FY2024 earnings at $2.16 EPS and FY2025 earnings at $2.23 EPS.

Allied Properties Real Estate Investment Trust (TSE:AP) last announced its quarterly earnings data on Wednesday, January 31st. The company reported C($3.57) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.62 by C($4.19). The business had revenue of C$150.90 million during the quarter.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, April 29th. This represents a $1.80 annualized dividend and a dividend yield of ∞.

About Allied Properties Real Estate Investment Trust

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.