FY2025 EPS Estimate for Minto Apartment Reduced by Analyst

Minto Apartment (TSE:MI) – Equities researchers at Desjardins reduced their FY2025 EPS estimates for shares of Minto Apartment in a research report issued on Wednesday, November 13th. Desjardins analyst K. Stanley now anticipates that the company will post earnings per share of $1.02 for the year, down from their prior forecast of $1.03. Desjardins also issued estimates for Minto Apartment’s FY2026 earnings at $1.08 EPS.

Minto Apartment Stock Performance

Minto Apartment (TSE:MI) last released its earnings results on Tuesday, August 13th. The company reported C$0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.23 by C$0.27. The firm had revenue of C$38.89 million during the quarter.

Minto Apartment Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.042 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.50 annualized dividend and a yield of ∞.

Minto Apartment Company Profile

Takung Art Co, Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People’s Republic of China. The company’s electronic online platform www.nftoeo.com offers online listing and trading services that allow artists/art dealers/owners to access art trading market where they can engage with a range of investors, as well as invests in artwork.