Realty Income Expects 2024 AFFO Per Share Of $4.13-$4.21, Est $4.27
Portfolio Pulse from Benzinga Newsdesk
Realty Income has projected its 2024 Adjusted Funds From Operations (AFFO) per share to be in the range of $4.13-$4.21, which is below the estimated $4.27 by analysts.
February 20, 2024 | 9:23 pm
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Realty Income's 2024 AFFO per share projection falls short of analyst estimates, indicating potential concerns over its financial performance.
Realty Income's projection of its 2024 AFFO per share being lower than analyst estimates could lead to negative investor sentiment in the short term. This discrepancy suggests that the company's financial performance may not meet market expectations, potentially impacting its stock price negatively.
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