Federal Realty Tightened And Raised Its 2023 Guidance For Earnings Per Diluted Share From $2.64-$2.76 To $2.65-$2.73 And Its 2023 FFO Per Diluted Share From $6.46-$6.58 To $6.50-$6.58
Portfolio Pulse from Benzinga Newsdesk
Federal Realty (FRT) has revised its 2023 guidance for earnings per diluted share from $2.64-$2.76 to $2.65-$2.73. It also raised its 2023 FFO per diluted share from $6.46-$6.58 to $6.50-$6.58.

November 02, 2023 | 8:24 pm
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POSITIVE IMPACT
Federal Realty's revised 2023 guidance indicates a potential increase in earnings and FFO per diluted share, which could positively impact the company's stock.
Federal Realty's upward revision of its 2023 earnings and FFO per diluted share guidance suggests the company expects improved financial performance. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100