W. P. Carey Affirms 2024 AFFO Guidance Of $4.65-$4.75 Per Share, Est $4.67
Portfolio Pulse from Benzinga Newsdesk
W. P. Carey Inc. has confirmed its 2024 AFFO (Adjusted Funds From Operations) guidance to be in the range of $4.65-$4.75 per share, aligning closely with the estimated $4.67 per share.
April 30, 2024 | 9:03 pm
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W. P. Carey Inc. has reaffirmed its 2024 AFFO guidance, indicating a stable financial outlook and aligning with analyst estimates.
Reaffirming AFFO guidance, especially when it aligns with analyst estimates, typically instills confidence in investors about the company's financial health and future performance. This announcement is likely to have a positive impact on W. P. Carey Inc.'s stock price in the short term as it reassures investors of the company's stability and growth prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100