Federal Realty Investment Trust Sees 2024 FFO $6.65-$6.87
Portfolio Pulse from Benzinga Newsdesk
Federal Realty Investment Trust (FRT) has introduced its 2024 earnings guidance, projecting earnings per diluted share to be between $2.72 and $2.94, and FFO (Funds From Operations) per diluted share to be between $6.65 and $6.87.
February 12, 2024 | 9:07 pm
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Federal Realty Investment Trust projects 2024 EPS of $2.72-$2.94 and FFO per share of $6.65-$6.87, indicating a positive outlook.
The introduction of earnings and FFO guidance for 2024 by Federal Realty Investment Trust suggests a positive outlook for the company's financial performance. This guidance is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on FRT's stock price. The specific ranges provided for both EPS and FFO per diluted share indicate management's confidence in the company's operational and financial strategies.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100