Desjardins Research Analysts Reduce Earnings Estimates for Granite Real Estate (GRP.U)

Granite Real Estate (NASDAQ:GRP.U) (TSE:GRT.UN) – Research analysts at Desjardins reduced their FY2017 EPS estimates for Granite Real Estate in a report issued on Wednesday. Desjardins analyst M. Markidis now anticipates that the company will earn $2.61 per share for the year, down from their prior estimate of $2.70. Desjardins also issued estimates for Granite Real Estate’s FY2018 earnings at $2.74 EPS and FY2019 earnings at $2.78 EPS.

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Separately, Zacks Investment Research raised shares of Granite Real Estate from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th.

The business also recently declared a dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st will be paid a $0.173 dividend. The ex-dividend date is Monday, October 30th.

Earnings History and Estimates for Granite Real Estate (NASDAQ:GRP.U)

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