Raymond James Comments on SmartCentres REIT’s Q2 2019 Earnings (SRU)
SmartCentres REIT (TSE:SRU) – Investment analysts at Raymond James lifted their Q2 2019 earnings per share estimates for SmartCentres REIT in a research report issued to clients and investors on Monday, May 13th. Raymond James analyst K. Avalos now forecasts that the company will post earnings of $0.56 per share for the quarter, up from their previous forecast of $0.30. Raymond James also issued estimates for SmartCentres REIT’s Q3 2019 earnings at $0.58 EPS, Q4 2019 earnings at $0.58 EPS, FY2019 earnings at $2.27 EPS, Q1 2020 earnings at $0.59 EPS, Q2 2020 earnings at $0.61 EPS, Q3 2020 earnings at $0.62 EPS, Q4 2020 earnings at $0.62 EPS and FY2020 earnings at $2.44 EPS.
Separately, Desjardins cut shares of SmartCentres REIT from a “buy” rating to a “hold” rating in a report on Sunday.
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