Kimco Realty Raises FY23 FFO Outlook $1.55 - $1.57 From $1.54 - $1.57 Prior, Vs. $1.56 Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimco Realty has raised its FY23 FFO outlook to $1.55 - $1.57 from the previous $1.54 - $1.57, against an estimate of $1.56. The net income available to the company's common shareholders per diluted share remains at $0.92 to $0.95.
July 27, 2023 | 10:53 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Kimco Realty's updated FY23 FFO outlook is slightly higher than previously forecasted, which could be seen as a positive sign by investors.
Kimco Realty has raised its FY23 FFO outlook, which is a key indicator of the company's financial health. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100