DRI Healthcare Trust (DHT) Scheduled to Post Quarterly Earnings on Tuesday

DRI Healthcare Trust (TSE:DHT) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, August 6th. Analysts expect DRI Healthcare Trust to post earnings of C$0.67 per share for the quarter.

DRI Healthcare Trust (TSE:DHT) last released its earnings results on Monday, May 6th. The company reported C$0.57 earnings per share for the quarter, missing the consensus estimate of C$0.66 by C($0.09). The business had revenue of C$56.71 million during the quarter, compared to analysts’ expectations of C$55.13 million.

DRI Healthcare Trust Stock Performance

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DHT shares. Scotiabank raised shares of DRI Healthcare Trust to a “strong-buy” rating in a research note on Friday, June 14th. Stifel Canada cut shares of DRI Healthcare Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 8th. Finally, Raymond James cut shares of DRI Healthcare Trust from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, July 8th.

Insider Transactions at DRI Healthcare Trust

In other DRI Healthcare Trust news, insider DRI Capital Inc. acquired 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was acquired at an average cost of C$11.95 per share, for a total transaction of C$896,250.00.

DRI Healthcare Trust Company Profile

DHT is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC segment. It operates through its integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize it by its business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for its fleet and a transparent corporate structure maintaining a high level of integrity and good governance.