Piedmont Office Realty Trust Sees FY24 Core FFO $1.46-$1.56 Vs $1.53 Est.
Portfolio Pulse from Benzinga Newsdesk
Piedmont Office Realty Trust projects its FY24 Core FFO to range between $1.46 and $1.56, compared to the estimated $1.53.
February 07, 2024 | 10:21 pm
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Piedmont Office Realty Trust expects its FY24 Core FFO to be between $1.46 and $1.56, which is in line with the analyst estimate of $1.53.
The forecasted FY24 Core FFO by Piedmont Office Realty Trust is closely aligned with the analyst estimate, indicating a neutral impact on the stock price in the short term. The projection falls within the estimated range, suggesting that the company's financial outlook is in line with market expectations, which typically does not lead to significant stock price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100