CT Real Estate Investment Trust (CRT) Forecasted to Post Q3 2017 Earnings of $0.28 Per Share

CT Real Estate Investment Trust (TSE:CRT) – Equities researchers at Desjardins lowered their Q3 2017 earnings per share estimates for CT Real Estate Investment Trust in a research report issued on Thursday. Desjardins analyst M. Markidis now anticipates that the company will earn $0.28 per share for the quarter, down from their previous forecast of $0.29. Desjardins has a “Hold” rating on the stock. Desjardins also issued estimates for CT Real Estate Investment Trust’s Q4 2017 earnings at $0.28 EPS, FY2017 earnings at $1.12 EPS, FY2018 earnings at $1.15 EPS and FY2019 earnings at $1.19 EPS.

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The company also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be issued a $0.045 dividend. The ex-dividend date is Thursday, July 27th. This represents a $0.54 annualized dividend and a yield of Infinity.

About CT Real Estate Investment Trust

Cross Timbers Royalty Trust is an express trust. The net profits interests are the principal asset of the Trust. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.

Earnings History and Estimates for CT Real Estate Investment Trust (TSE:CRT)

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