Essential Properties Sees FY24 AFFO $1.71-$1.75 Vs $1.840 Est.
Portfolio Pulse from Benzinga Newsdesk
Essential Properties Realty Trust, Inc. (EPRT) forecasts its Fiscal Year 2024 Adjusted Funds From Operations (AFFO) to be in the range of $1.71 to $1.75, which is below the estimated $1.84.
February 14, 2024 | 9:58 pm
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Essential Properties Realty Trust, Inc. forecasts its FY24 AFFO to be lower than expected at $1.71-$1.75, compared to the $1.84 estimate.
The projected AFFO for FY24 being lower than the estimated figure suggests that Essential Properties Realty Trust, Inc. might not perform as well financially as expected. This could lead to negative investor sentiment and potentially a decrease in stock price in the short term.
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IMPORTANCE 90
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