Desjardins Weighs in on Interrent Real Estate Investment Trust’s FY2017 Earnings (IIP)
Interrent Real Estate Investment Trust (TSE:IIP) – Desjardins upped their FY2017 earnings estimates for Interrent Real Estate Investment Trust in a note issued to investors on Tuesday. Desjardins analyst M. Markidis now forecasts that the company will earn $0.43 per share for the year, up from their prior estimate of $0.41. Desjardins also issued estimates for Interrent Real Estate Investment Trust’s Q4 2017 earnings at $0.12 EPS, FY2018 earnings at $0.48 EPS and FY2019 earnings at $0.51 EPS.
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Shares of Interrent Real Estate Investment Trust (IIP) traded up C$0.04 during midday trading on Friday, reaching C$8.91. The company’s stock had a trading volume of 33,451 shares, compared to its average volume of 94,954. Interrent Real Estate Investment Trust has a 1 year low of C$6.97 and a 1 year high of C$8.97.
Interrent Real Estate Investment Trust Company Profile
InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).
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