Pebblebrook Hotel Trust Expects 2024 Adjusted FFO Per Share Of $1.49-$1.61, Est $1.55
Portfolio Pulse from Benzinga Newsdesk
Pebblebrook Hotel Trust has projected its 2024 Adjusted Funds From Operations (FFO) per share to be in the range of $1.49-$1.61, aligning closely with the estimated $1.55.
February 21, 2024 | 10:44 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Pebblebrook Hotel Trust expects its 2024 Adjusted FFO per share to range between $1.49 and $1.61, which is in line with the analyst estimate of $1.55.
The projection of Pebblebrook Hotel Trust's Adjusted FFO per share for 2024 falls within the expected range, indicating a positive outlook and potentially leading to increased investor confidence. Given that the forecast aligns closely with analyst estimates, it 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