WPT Industrial REIT (WIR) Forecasted to Post Q3 2018 Earnings of $0.30 Per Share

WPT Industrial REIT (TSE:WIR) – Stock analysts at National Bank Financial issued their Q3 2018 earnings per share estimates for shares of WPT Industrial REIT in a research report issued on Wednesday, October 17th. National Bank Financial analyst M. Kornack forecasts that the company will post earnings per share of $0.30 for the quarter.

Separately, Desjardins reaffirmed a “buy” rating on shares of WPT Industrial REIT in a research note on Wednesday, August 1st.

Shares of TSE WIR opened at C$13.02 on Friday. WPT Industrial REIT has a twelve month low of C$13.02 and a twelve month high of C$13.10.

WPT Industrial REIT (TSE:WIR) last announced its earnings results on Wednesday, August 8th. The company reported C$0.33 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.31 by C$0.02. WPT Industrial REIT had a net margin of 33.67% and a return on equity of 6.00%. The business had revenue of C$28.83 million during the quarter.

The business also recently declared a monthly dividend, which was paid on Monday, October 15th. Shareholders of record on Friday, September 28th were paid a $0.063 dividend. This represents a $0.76 annualized dividend and a yield of 5.81%. The ex-dividend date was Thursday, September 27th.

About WPT Industrial REIT

WPT Industrial Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is engaged in the business of acquiring and owning industrial investment properties located in the United States. Its objective is to provide Unitholders with an opportunity to invest in a portfolio of institutional-quality industrial properties in the United States markets, with a particular focus on distribution industrial real estate.

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Earnings History and Estimates for WPT Industrial REIT (TSE:WIR)

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