Boardwalk Real Estate Investment Trust (TSE:BEI) Forecasted to Post FY2024 Earnings of $4.21 Per Share

Boardwalk Real Estate Investment Trust (TSE:BEI) – Equities research analysts at National Bank Financial dropped their FY2024 earnings estimates for Boardwalk Real Estate Investment Trust in a research report issued on Wednesday, July 31st. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings per share of $4.21 for the year, down from their previous estimate of $4.22. National Bank Financial also issued estimates for Boardwalk Real Estate Investment Trust’s FY2025 earnings at $4.62 EPS.

BEI has been the subject of several other research reports. Raymond James raised shares of Boardwalk Real Estate Investment Trust to a “strong-buy” rating in a research note on Wednesday, July 24th. Scotiabank raised shares of Boardwalk Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 1st.

Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust has a 12 month low of C$37.96 and a 12 month high of C$49.75.

Boardwalk Real Estate Investment Trust (TSE:BEI) last announced its earnings results on Tuesday, May 7th. The company reported C$6.23 earnings per share for the quarter, topping the consensus estimate of C$0.91 by C$5.32. The company had revenue of C$145.20 million for the quarter.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.