Desjardins Analysts Decrease Earnings Estimates for TSE:BEI

Boardwalk Real Estate Investment Trust (TSE:BEI) – Equities research analysts at Desjardins lowered their FY2025 earnings estimates for shares of Boardwalk Real Estate Investment Trust in a report issued on Tuesday, January 28th. Desjardins analyst K. Stanley now anticipates that the company will post earnings per share of $4.39 for the year, down from their prior estimate of $4.44. Desjardins also issued estimates for Boardwalk Real Estate Investment Trust’s FY2026 earnings at $4.71 EPS.

Boardwalk Real Estate Investment Trust (TSE:BEI) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.10 by C$0.02. During the same period last year, the firm earned $0.96 earnings per share.

Separately, BMO Capital Markets downgraded Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a 12-month low of C$37.96 and a 12-month high of C$49.75.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.