Desjardins Comments on Killam Apartment REIT’s FY2018 Earnings (KMP)

Killam Apartment REIT (TSE:KMP) – Research analysts at Desjardins decreased their FY2018 earnings per share estimates for shares of Killam Apartment REIT in a note issued to investors on Wednesday. Desjardins analyst M. Markidis now forecasts that the company will post earnings per share of $0.92 for the year, down from their prior estimate of $0.93. Desjardins currently has a “Buy” rating on the stock.

Shares of Killam Apartment REIT (KMP) remained flat at $C$14.02 on Monday. 62,979 shares of the company’s stock traded hands, compared to its average volume of 128,756. Killam Apartment REIT has a one year low of C$11.57 and a one year high of C$14.40.

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About Killam Apartment REIT

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.

Earnings History and Estimates for Killam Apartment REIT (TSE:KMP)

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