Allied Properties Real Estate Investment (TSE:AP) – Equities research analysts at Raymond James Financial lowered their Q3 2017 earnings per share (EPS) estimates for Allied Properties Real Estate Investment in a research note issued to investors on Monday. Raymond James Financial analyst K. Avalos now expects that the company will post earnings of $0.56 per share for the quarter, down from their previous forecast of $0.57. Raymond James Financial also issued estimates for Allied Properties Real Estate Investment’s Q4 2017 earnings at $0.57 EPS, FY2017 earnings at $2.21 EPS and Q1 2018 earnings at $0.57 EPS.
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Separately, National Bank Financial raised shares of Allied Properties Real Estate Investment from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Thursday, May 4th.
About Allied Properties Real Estate Investment
Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).
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