Essential Properties Reiterates 2024 AFFO Per Share Guidance Range Of $1.72 - $1.75, Est $1.90
Portfolio Pulse from Benzinga Newsdesk
Essential Properties has reiterated its 2024 AFFO per share guidance range of $1.72 - $1.75, which is below the estimated $1.90.
July 24, 2024 | 8:52 pm
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Essential Properties has reiterated its 2024 AFFO per share guidance range of $1.72 - $1.75, which is below the estimated $1.90. This could lead to a negative short-term impact on the stock price as the guidance is lower than market expectations.
The reaffirmed guidance range of $1.72 - $1.75 is below the market estimate of $1.90, which could disappoint investors and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100