Whitestone REIT Sees FY24 Core FFO $0.98-$1.04 Vs $1.01 Est.
Portfolio Pulse from Benzinga Newsdesk
Whitestone REIT projects its FY24 Core FFO to be in the range of $0.98-$1.04, compared to the estimated $1.01.
May 01, 2024 | 10:13 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Whitestone REIT anticipates its FY24 Core FFO to range between $0.98 and $1.04, which is in line with the analyst estimate of $1.01.
The forecasted Core FFO by Whitestone REIT for FY24 is closely aligned with the analyst estimates, indicating that the company's financial performance is expected to meet market expectations. This alignment suggests a neutral short-term impact on WSR's stock price as the forecast does not significantly deviate from what investors were anticipating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100