Healthpeak Properties Expects 2024 FFO As Adjusted Per Share Of $1.73-$1.79, Est $1.81
Portfolio Pulse from Benzinga Newsdesk
Healthpeak Properties forecasts its 2024 FFO (Funds From Operations) as adjusted per share to be in the range of $1.73-$1.79, which is below the estimated $1.81 by analysts.
February 08, 2024 | 9:22 pm
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Healthpeak Properties forecasts its 2024 FFO as adjusted per share to be lower than analyst expectations, indicating potential pressure on its stock price.
Healthpeak Properties' forecast of its 2024 FFO as adjusted per share being below analyst expectations could lead to negative investor sentiment and potentially put downward pressure on its stock price in the short term. Investors often react to earnings forecasts as indicators of a company's future profitability and financial health. A forecast that falls short of expectations, especially in terms of earnings or key financial metrics like FFO for real estate investment trusts (REITs), can lead to a decrease in stock price as it may signal lower future earnings potential.
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