Analysts Offer Predictions for RioCan Real Estate Investment Trust’s Q4 2024 Earnings (TSE:REI)

RioCan Real Estate Investment Trust (TSE:REI) – Stock analysts at Desjardins dropped their Q4 2024 earnings per share (EPS) estimates for RioCan Real Estate Investment Trust in a research note issued on Wednesday, May 8th. Desjardins analyst L. Kalmar now anticipates that the company will earn $0.47 per share for the quarter, down from their previous forecast of $0.48. Desjardins also issued estimates for RioCan Real Estate Investment Trust’s FY2025 earnings at $1.95 EPS.

RioCan Real Estate Investment Trust Price Performance

RioCan Real Estate Investment Trust has a 1-year low of C$10.88 and a 1-year high of C$17.17.

RioCan Real Estate Investment Trust (TSE:REI) last posted its quarterly earnings results on Tuesday, February 13th. The company reported C($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.44 by C($0.83). The firm had revenue of C$296.91 million during the quarter.

RioCan Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Tuesday, April 30th were paid a dividend of $0.093 per share. The ex-dividend date was Monday, April 29th. This represents a $1.12 annualized dividend and a yield of ∞.