Sunstone Hotel Investors Sees FY24 Adj. FFO $0.78-$0.90
Portfolio Pulse from Benzinga Newsdesk
Sunstone Hotel Investors projects its adjusted Funds From Operations (FFO) for FY24 to be in the range of $0.78-$0.90.
February 23, 2024 | 12:31 pm
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Sunstone Hotel Investors anticipates its adjusted FFO for the fiscal year 2024 to fall between $0.78 and $0.90.
The projection of adjusted FFO by Sunstone Hotel Investors for FY24 suggests a positive outlook for the company's financial performance. This guidance could lead to increased investor confidence and potentially a positive impact on the stock price in the short term, as it reflects the company's expectations of strong operational performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100