Urban Edge Properties 2024 Outlook: Expects EPS OF $0.12 To $0.17 And Adjusted FFO Of $1.27 To $1.32 Per Diluted Share (Prior $1.24-$1.29) Vs. $1.28 Consensus
Portfolio Pulse from Benzinga Newsdesk
Urban Edge Properties has updated its 2024 outlook, expecting EPS of $0.12 to $0.17 and adjusted FFO of $1.27 to $1.32 per diluted share, an increase from the prior forecast of $1.24 to $1.29, versus a consensus of $1.28.
May 07, 2024 | 11:13 am
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Urban Edge Properties updates 2024 outlook with higher EPS and adjusted FFO, indicating a positive financial trajectory.
The upward revision in Urban Edge Properties' earnings and FFO outlook suggests improved operational efficiency and financial health, which is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100