Urban Edge Prop Raises FY23 AFFO/Share Outlook to $1.16 - $1.19 (From $1.14 - $1.18 Prior) Vs. $1.16 Estimate
Portfolio Pulse from Benzinga Newsdesk
Urban Edge Properties has raised its FY23 AFFO/share outlook to $1.16 - $1.19, up from the previous $1.14 - $1.18. The company estimates FFO of $1.13 to $1.16 per diluted share, and FFO as Adjusted of $1.16 to $1.19 per diluted share.
August 04, 2023 | 11:00 am
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Urban Edge Properties has raised its FY23 AFFO/share outlook, which could potentially lead to a positive market reaction.
Urban Edge Properties has raised its FY23 AFFO/share outlook. This is a positive signal to the market, indicating that the company expects better financial performance than previously anticipated. This could potentially lead to an increase in the company's stock price in the short term.
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