Highwood Properties Sees FY24 FFO $3.46-$3.61 Vs $3.57 Est.
Portfolio Pulse from Benzinga Newsdesk
Highwood Properties projects its FY24 FFO to range between $3.46 and $3.61, compared to the estimated $3.57.
April 23, 2024 | 9:21 pm
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NEUTRAL IMPACT
Highwood Properties projects its FY24 FFO to be in the range of $3.46-$3.61, which is in line with the analyst estimate of $3.57.
The projection of Highwood Properties' FY24 FFO closely aligns with the current analyst estimates, indicating that the company's financial performance is expected to meet market expectations. This alignment suggests a neutral short-term impact on the stock price, as the forecast does not significantly exceed nor fall short of analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100