EastGroup Properties Sees FY23 FFO $7.58-$768 Vs $7.49-$7.61 Prior
Portfolio Pulse from Benzinga Newsdesk
EastGroup Properties has updated its FY23 FFO guidance to $7.58-$768, an increase from the previous range of $7.49-$7.61.
July 25, 2023 | 8:46 pm
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EastGroup Properties has raised its FY23 FFO guidance, which could indicate a positive outlook for the company's future earnings.
EastGroup Properties has raised its FY23 FFO guidance. This is a positive signal as it indicates that the company expects its future earnings to be higher than previously anticipated. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100