Americold Realty Trust Sees FY24 AFFO $1.38-$1.46
Portfolio Pulse from Benzinga Newsdesk
Americold Realty Trust projects its FY24 Adjusted Funds From Operations (AFFO) to be in the range of $1.38 to $1.46.
May 09, 2024 | 9:34 pm
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Americold Realty Trust expects its FY24 AFFO to range from $1.38 to $1.46.
The projection of AFFO (Adjusted Funds From Operations) by Americold Realty Trust for FY24 indicates a positive outlook for the company's financial performance. This guidance is a crucial indicator for investors, as AFFO is a key metric in evaluating the performance of real estate investment trusts (REITs). A positive forecast like this can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100