Farmland Partners Increased Bottom And Top End Of 2024 AFFO Guidance Range From $0.15-$0.23 To $0.19-$0.26
Portfolio Pulse from Benzinga Newsdesk
Farmland Partners has revised its 2024 AFFO (Adjusted Funds From Operations) guidance range upwards, from previously $0.15-$0.23 to now $0.19-$0.26, indicating a positive outlook on its financial performance.
April 30, 2024 | 9:21 pm
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Farmland Partners has increased its 2024 AFFO guidance, signaling stronger financial health and potentially higher future earnings.
Raising the AFFO guidance range suggests Farmland Partners is experiencing better than expected financial performance or prospects. This is typically viewed positively by investors as it indicates growth and stability, potentially leading to an increase in stock price in the short term.
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