Park Hotels & Resorts Expects FY24 Adjusted FFO Per Share Of $2.02-$2.22, Est $2.10
Portfolio Pulse from Benzinga Newsdesk
Park Hotels & Resorts projects its FY24 Adjusted Funds From Operations (FFO) per share to be in the range of $2.02-$2.22, aligning closely with the estimated $2.10.
February 27, 2024 | 9:32 pm
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Park Hotels & Resorts anticipates its FY24 Adjusted FFO per share to be between $2.02 and $2.22, which is in line with the analysts' consensus of $2.10.
The company's guidance for FY24 Adjusted FFO per share falls within the range of analysts' expectations, indicating a positive outlook on its financial performance. This alignment with estimates suggests a stable financial future, likely leading to a positive investor sentiment and potentially an upward movement in the stock price in the short term.
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