Boston Properties Sees Q2 2024 FFO $1.70-$1.72 Vs $1.78 Est.
Portfolio Pulse from Benzinga Newsdesk
Boston Properties projects its Q2 2024 FFO to be between $1.70 and $1.72, which is below the estimated $1.78.
April 30, 2024 | 9:44 pm
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Boston Properties expects its Q2 2024 FFO to fall short of the estimated $1.78, projecting it between $1.70 and $1.72.
The projected FFO (Funds From Operations) of Boston Properties for Q2 2024 is below the analysts' expectations, which could lead to negative investor sentiment and potentially decrease the stock price in the short term. FFO is a critical measure for real estate investment trusts (REITs) like BXP, and missing estimates often results in negative market reactions.
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