Allied Properties Real Estate Investment Trust (AP) Scheduled to Post Quarterly Earnings on Wednesday

Allied Properties Real Estate Investment Trust (TSE:AP) is scheduled to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Allied Properties Real Estate Investment Trust to post earnings of C$0.53 per share for the quarter.

Allied Properties Real Estate Investment Trust (TSE:AP) last issued its quarterly earnings results on Tuesday, July 30th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.56 by C($0.36). The firm had revenue of C$146.75 million for the quarter.

Allied Properties Real Estate Investment Trust Stock Performance

Allied Properties Real Estate Investment Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.80 annualized dividend and a yield of ∞.

Analysts Set New Price Targets

Separately, National Bank Financial downgraded shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 17th.

Allied Properties Real Estate Investment Trust Company Profile

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.