European Commercial REIT (ERE) Set to Announce Earnings on Thursday

European Commercial REIT (TSE:EREGet Free Report) is scheduled to be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect European Commercial REIT to post earnings of C$0.06 per share for the quarter.

European Commercial REIT (TSE:EREGet Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The company reported C($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.29). The firm had revenue of C$36.22 million during the quarter.

European Commercial REIT Price Performance

European Commercial REIT Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.015 per share. The ex-dividend date is Monday, April 29th. This represents a $0.18 dividend on an annualized basis and a dividend yield of ∞.

Analyst Ratings Changes

Separately, Echelon Wealth Partners upgraded shares of European Commercial REIT from a “hold” rating to a “speculative buy” rating in a research note on Thursday, February 22nd.

Check Out Our Latest Report on ERE

See Also

Earnings History for European Commercial REIT (TSE:ERE)

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