NETSTREIT Increases Low End Of 2024 AFFO Per Share Guidance; Revises Range From $1.24-$1.28 To $1.25-$1.28, Est $1.21
Portfolio Pulse from Benzinga Newsdesk
NETSTREIT has updated its 2024 AFFO (Adjusted Funds From Operations) per share guidance, raising the lower end of its forecast from $1.24 to $1.25, while maintaining the upper end at $1.28. This revision surpasses the estimated $1.21, indicating a positive outlook for the company's financial performance.
April 29, 2024 | 8:40 pm
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NETSTREIT has revised its 2024 AFFO per share guidance upwards, indicating a positive outlook for its financial performance.
Raising the lower end of the AFFO guidance suggests that NETSTREIT is confident about its financial stability and growth prospects. This is a positive signal to investors, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
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