Analysts Set Expectations for Edgefront Real Estate Investment Trust’s FY2022 Earnings (TSE:NXR)

Edgefront Real Estate Investment Trust (TSE:NXR – Get Rating) – Stock analysts at Raymond James dropped their FY2022 earnings per share estimates for shares of Edgefront Real Estate Investment Trust in a research report issued to clients and investors on Monday, May 16th. Raymond James analyst B. Sturges now anticipates that the company will earn $0.80 per share for the year, down from their prior estimate of $0.82. Raymond James also issued estimates for Edgefront Real Estate Investment Trust’s Q2 2023 earnings at $0.21 EPS.

Edgefront Real Estate Investment Trust (TSE:NXR – Get Rating) last announced its quarterly earnings results on Tuesday, March 15th. The company reported C$0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.46. The firm had revenue of C$27.54 million during the quarter.

Several other research firms have also recently issued reports on NXR. Echelon Wealth Partners restated a “buy” rating on shares of Edgefront Real Estate Investment Trust in a research note on Monday, January 24th. National Bank Financial restated an “outperfrom under weight” rating on shares of Edgefront Real Estate Investment Trust in a research note on Monday, March 7th.

The business also recently announced a monthly dividend, which was paid on Friday, April 15th. Shareholders of record on Thursday, March 31st were paid a dividend of $0.053 per share. This represents a $0.64 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Wednesday, March 30th.

Edgefront Real Estate Investment Trust Company Profile (Get Rating)

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.

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Earnings History and Estimates for Edgefront Real Estate Investment Trust (TSE:NXR)

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