$0.70 EPS Expected for Mainstreet Equity Corp. (MEQ) as of May, 8

April 17, 2018 - By Russell Jones

Investors wait Mainstreet Equity Corp. (TSE:MEQ)’s quarterly earnings on May, 8., Faxor reports. Analysts forecast $0.70 earnings per share, which is $0.05 down or 6.67 % from 2017’s $0.75 earnings per share. If the current earnings per share of $0.70 is accurate, T_MEQ’s profit could hit $6.18 million. Analysts at Wall Street see Mainstreet Equity Corp.’s 4.48 % EPS growth compared to $0.67 earnings per share for last quarter. The stock increased 1.75% or $0.71 during the last trading session, reaching $41.34.Currently Mainstreet Equity Corp. is after 0.00% change in last April 17, 2017. MEQ has 650 shares volume. MEQ underperformed the S&P 500 by 11.55%.

Mainstreet Equity Corp., a real estate corporation, engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties primarily in Western Canada.The company has $365.13 million market cap. The firm owns a portfolio of mid-market rental apartment buildings in Vancouver lower mainland, Calgary, Edmonton, and Saskatoon.The P/E ratio is 4.1. As of September 30, 2016, it had a total portfolio of 9,878 residential units consisting of townhouses, garden-style apartments, and midrise and high-rise apartments.

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