Raymond James Issues Negative Forecast for TSE:GRT Earnings

Granite Real Estate Investment Trust (TSE:GRTFree Report) – Stock analysts at Raymond James reduced their Q4 2024 EPS estimates for Granite Real Estate Investment Trust in a research report issued on Tuesday, February 4th. Raymond James analyst B. Sturges now anticipates that the real estate investment trust will post earnings of $1.40 per share for the quarter, down from their prior estimate of $1.41.

Granite Real Estate Investment Trust (TSE:GRTGet Free Report) last released its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported C$1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.35 by C$0.42. During the same quarter last year, the company posted $1.24 earnings per share.

Granite Real Estate Investment Trust Stock Performance

Granite Real Estate Investment Trust has a 1-year low of C$30.78 and a 1-year high of C$38.97.

About Granite Real Estate Investment Trust

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Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.

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Earnings History and Estimates for Granite Real Estate Investment Trust (TSE:GRT)

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