Sun Communities Expects 2024 Core FFO Per Share Of $7.04-$7.24, Est $7.17
Portfolio Pulse from Benzinga Newsdesk
Sun Communities projects its 2024 Core FFO (Funds From Operations) per share to be in the range of $7.04-$7.24, aligning closely with the estimated $7.17.
February 20, 2024 | 10:31 pm
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Sun Communities expects its 2024 Core FFO per share to range between $7.04 and $7.24, which is in line with the analyst estimate of $7.17.
The projection of Core FFO per share by Sun Communities for 2024 falls within the expected range, indicating a positive outlook and potentially leading to increased investor confidence. The alignment with analyst estimates suggests that the company's financial performance is on track, which could positively influence its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100