Boardwalk Real Estate Investment Trust Quarterly Earnings and Stock Performance
Boardwalk Real Estate Investment Trust (TSE:BEI) is set to announce its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts are expecting the company to post earnings of C$0.91 per share for the quarter.
In the last quarterly earnings report, Boardwalk Real Estate Investment Trust exceeded expectations, reporting earnings of C$3.75 per share, compared to analysts’ consensus estimates of C$0.92 per share. The company also reported revenue of C$143.13 million during the quarter.
The stock performance of Boardwalk Real Estate Investment Trust has seen a one-year low of C$37.96 and a one-year high of C$49.75. Additionally, the company recently announced an increase in its monthly dividend, with shareholders receiving a $0.12 dividend on April 15th.
Boardwalk Real Estate Investment Trust is an open-ended real estate investment trust focused on the acquisition, refurbishment, management, ownership, and development of multi-family residential communities within Canada. The Trust owns over 200 properties with approximately 33,770 residential units across Alberta, Saskatchewan, Ontario, and Quebec.
Investors and analysts will be eagerly awaiting the upcoming earnings report to gain insights into the financial performance and future outlook of Boardwalk Real Estate Investment Trust. Stay tuned for more updates on this developing story.
