Boardwalk REIT Q1: Steady Operations, Share Gains

Boardwalk Real Estate Investment Trust, based in Calgary, Alberta, released their Q1 numbers, showing funds from operations of $44.1 million, or $0.84 per share. Despite a net loss of $4 million, or $0.08 per share, revenue reached $119.4 million. The company, focusing on residential communities, saw steady operations amid accounting challenges. Shares have risen 5% this year, hitting $49.38 in late trading, with a 4% gain over the past year, indicating positive market sentiment as the housing market remains strong. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3eff99313df92dd9