Empire State Realty Trust Sees FY24 Core FFO $0.90-$0.94 Vs $0.89 Est.
Portfolio Pulse from Benzinga Newsdesk
Empire State Realty Trust (ESRT) projects its FY24 Core Funds From Operations (FFO) to be between $0.90 and $0.94, surpassing the estimated $0.89.
February 20, 2024 | 9:38 pm
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Empire State Realty Trust anticipates its FY24 Core FFO to exceed expectations, projecting $0.90-$0.94 against an $0.89 estimate.
The projection of Empire State Realty Trust's FY24 Core FFO to be higher than the estimated figures suggests a positive outlook on the company's financial health and operational efficiency. This could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100