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Desjardins Analysts Increase Earnings Estimates for Dream Residential Real Estate Investment Trust (TSE:DRR)

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Dream Residential Real Estate Investment Trust (TSE:DRRFree Report) – Desjardins upped their Q4 2023 earnings per share estimates for shares of Dream Residential Real Estate Investment Trust in a report released on Monday, November 13th. Desjardins analyst K. Stanley now expects that the company will post earnings per share of $0.25 for the quarter, up from their previous estimate of $0.24. Desjardins also issued estimates for Dream Residential Real Estate Investment Trust’s FY2025 earnings at $1.10 EPS.

Dream Residential Real Estate Investment Trust (TSE:DRRGet Free Report) last announced its quarterly earnings results on Wednesday, November 8th. The company reported C($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.38). The firm had revenue of C$16.06 million for the quarter.

Dream Residential Real Estate Investment Trust Stock Performance

Dream Residential Real Estate Investment Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were paid a $0.035 dividend. The ex-dividend date was Monday, October 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of ∞.

See Also

Earnings History and Estimates for Dream Residential Real Estate Investment Trust (TSE:DRR)

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ABMN Staff

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