Brokers Set Expectations for Automotive Properties Real Est Invt TR’s FY2016 Earnings (APR)

Brokers Set Expectations for Automotive Properties Real Est Invt TR’s FY2016 Earnings (APR)

Automotive Properties Real Est Invt TR (TSE:APR) – Equities researchers at Desjardins issued their FY2016 earnings per share (EPS) estimates for shares of Automotive Properties Real Est Invt TR in a research report issued to clients and investors on Tuesday. Desjardins analyst D. Chrystal expects that the firm will earn $1.05 per share for the year. Desjardins has a “Buy” rating on the stock. Desjardins also issued estimates for Automotive Properties Real Est Invt TR’s Q4 2016 earnings at $0.24 EPS, FY2017 earnings at $0.97 EPS and FY2018 earnings at $1.08 EPS.

About Automotive Properties Real Est Invt TR

Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.

Related posts

Leave a Comment