InterRent REIT (TSE:IIP) Expected to Post Q3 2024 Earnings of $0.16 Per Share

InterRent REIT (TSE:IIP) – Analysts at National Bank Financial issued their Q3 2024 earnings per share estimates for shares of InterRent REIT in a research note issued to investors on Tuesday, October 8th. National Bank Financial analyst M. Kornack forecasts that the company will post earnings per share of $0.16 for the quarter. National Bank Financial also issued estimates for InterRent REIT’s FY2025 earnings at $0.67 EPS.

InterRent REIT (TSE:IIP) last posted its quarterly earnings data on Tuesday, August 6th. The company reported C($0.01) EPS for the quarter, missing analysts’ consensus estimates of C$0.16 by C($0.17). The firm had revenue of C$61.44 million for the quarter.

InterRent REIT Stock Performance

InterRent REIT has a 52-week low of C$7.31 and a 52-week high of C$10.19.

InterRent REIT Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.032 dividend. This represents a $0.38 annualized dividend and a dividend yield of ∞. The ex-dividend date is Friday, September 27th.

About InterRent REIT

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).