Easterly Government Props Raises FY2023 FFO Guidance from $1.12-1.15 to $1.13-1.15 vs $1.13 Est
Portfolio Pulse from Benzinga Newsdesk
Easterly Government Properties has raised the lower end of its full-year 2023 Core FFO per share guidance from $1.12 to $1.13, keeping the upper end at $1.15. The new guidance range is now $1.13 - $1.15, compared to the estimated $1.13.
August 08, 2023 | 10:35 am
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Easterly Government Properties' decision to raise its FY2023 Core FFO per share guidance could be seen as a positive sign by investors, potentially leading to a short-term increase in the stock price.
Raising guidance is typically seen as a positive sign as it indicates that the company is expecting better financial performance than previously anticipated. This could make the stock more attractive to investors, potentially leading to an increase in demand and a short-term rise in the stock price.
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