National Bank Financial Weighs in on European Commercial REIT’s FY2020 Earnings (CVE:ERE)

European Commercial REIT (CVE:ERE) – Investment analysts at National Bank Financial cut their FY2020 earnings estimates for shares of European Commercial REIT in a research report issued on Wednesday, June 24th. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $0.20 per share for the year, down from their prior forecast of $0.21. National Bank Financial also issued estimates for European Commercial REIT’s FY2021 earnings at $0.21 EPS.

European Commercial REIT (CVE:ERE) last issued its quarterly earnings data on Monday, May 11th. The company reported C$0.82 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.05 by C$0.77. The company had revenue of C$25.26 million during the quarter.

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