Office Props IT Q2 Normalized FFO $1.11 Down From $1.22 YoY
Portfolio Pulse from Bill Haddad
Office Props IT (OPI) reported a decrease in its Q2 Normalized FFO from $1.22 YoY to $1.11.
July 26, 2023 | 8:50 pm
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NEGATIVE IMPACT
OPI's Q2 Normalized FFO has decreased from $1.22 YoY to $1.11, indicating a potential decrease in profitability.
A decrease in Normalized FFO (Funds From Operations) can indicate a decrease in profitability for a real estate company like OPI. This could potentially lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100