Cormark Issues Negative Estimate for InterRent REIT Earnings

InterRent REIT (TSE:IIPFree Report) – Cormark reduced their Q1 2025 earnings per share (EPS) estimates for shares of InterRent REIT in a note issued to investors on Tuesday, March 4th. Cormark analyst S. Srinivas now anticipates that the company will post earnings of $0.14 per share for the quarter, down from their previous forecast of $0.15. Cormark also issued estimates for InterRent REIT’s Q2 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.63 EPS and Q4 2026 earnings at $0.17 EPS.

Separately, TD Securities upgraded InterRent REIT from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 6th.

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InterRent REIT Price Performance

InterRent REIT has a twelve month low of C$7.31 and a twelve month high of C$10.19.

About InterRent REIT

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InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

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Earnings History and Estimates for InterRent REIT (TSE:IIP)

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