Rexford Industrial Sees FY24 Core FFO $2.27-$2.30 Vs $2.46 Est.;
Portfolio Pulse from Benzinga Newsdesk
Rexford Industrial projects its FY24 Core FFO to be between $2.27 and $2.30, which is below the estimated $2.46.
February 06, 2024 | 9:23 pm
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NEGATIVE IMPACT
Rexford Industrial's FY24 Core FFO projection falls short of the estimated $2.46, indicating potential earnings pressure.
Rexford Industrial's projection of its FY24 Core FFO being lower than the estimated figures suggests that the company might face earnings pressure, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100