Equity Residential Raises FY23 Normalized FFO Guidance From $3.70-$3.80 To $3.73-$3.83
Portfolio Pulse from Benzinga Newsdesk
Equity Residential has raised its FY23 normalized FFO guidance from $3.70-$3.80 to $3.73-$3.83.
May 30, 2023 | 8:34 pm
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Equity Residential (EQR) has raised its FY23 normalized FFO guidance, which may positively impact its stock price.
Equity Residential's increased FY23 normalized FFO guidance indicates improved financial performance expectations. This news is likely to be seen as positive by investors, potentially leading to an increase in the stock price of EQR in the short term.
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