Desjardins Analysts Lower Earnings Estimates for First Capital Realty Inc. (TSE:FCR)

First Capital Realty Inc. (TSE:FCR) – Analysts at Desjardins cut their Q3 2024 earnings estimates for shares of First Capital Realty in a research report issued on Wednesday, July 31st. Desjardins analyst L. Kalmar now expects that the company will earn $0.31 per share for the quarter, down from their previous estimate of $0.32. Desjardins also issued estimates for First Capital Realty’s Q4 2024 earnings at $0.31 EPS and FY2024 earnings at $1.31 EPS.

First Capital Realty (TSE:FCR) last announced its quarterly earnings results on Tuesday, July 30th. The company reported C$0.08 earnings per share for the quarter, missing the consensus estimate of C$0.31 by C($0.23). The company had revenue of C$183.97 million for the quarter.

First Capital Realty Stock Up 0.6 %

Shares of TSE:FCR opened at C$20.86 on Monday. The stock has a 50-day simple moving average of C$20.86. First Capital Realty has a fifty-two week low of C$18.60 and a fifty-two week high of C$22.79.

First Capital Realty Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be issued a $0.072 dividend. This represents a $0.86 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend is Wednesday, July 31st.