Alexandria Real Estate Expects FY24 EPS Of $3.49-$3.69, FFO Per Share Of $9.37-$9.57
Portfolio Pulse from Benzinga Newsdesk
Alexandria Real Estate Equities, Inc. has provided its financial outlook for FY24, expecting earnings per share (EPS) to be in the range of $3.49-$3.69 and funds from operations (FFO) per share to be between $9.37-$9.57.
January 29, 2024 | 9:18 pm
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Alexandria Real Estate Equities, Inc. anticipates an EPS of $3.49-$3.69 and FFO per share of $9.37-$9.57 for FY24, indicating a positive outlook for the company's financial performance.
The company's guidance for EPS and FFO per share is a critical indicator of its expected financial health and performance. A positive outlook like this can lead to increased investor confidence and potentially drive the stock price up in the short term, as it suggests growth and stability.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100