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.
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IMPORTANCE 90
RELEVANCE 100