City Office REIT Reiterates Components Of FY23 Guidance Provided In Q2 Earnings PR, With Core FFO Per Diluted Share Of $1.38-$1.40
Portfolio Pulse from Benzinga Newsdesk
City Office REIT has reiterated the components of its FY23 guidance, which was provided in its Q2 earnings press release. The company expects its Core FFO per diluted share to be between $1.38 and $1.40.
November 09, 2023 | 11:15 am
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City Office REIT has reiterated its FY23 guidance, expecting Core FFO per diluted share to be between $1.38 and $1.40.
The reiteration of the FY23 guidance by City Office REIT indicates that the company is confident in its financial projections. This could potentially reassure investors and maintain the current stock price. However, as this is a reiteration and not new information, it is unlikely to significantly move the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100