Pebblebrook Hotel Sees FY24 Adj. FFO $1.59-$1.70 Vs $1.60 Est.
Portfolio Pulse from Benzinga Newsdesk
Pebblebrook Hotel Trust has provided its forecast for the fiscal year 2024, expecting adjusted funds from operations (FFO) to be in the range of $1.59 to $1.70 per share, compared to the analyst estimate of $1.60.
July 24, 2024 | 8:53 pm
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Pebblebrook Hotel Trust has provided its FY24 adjusted FFO forecast, expecting it to be between $1.59 and $1.70 per share, slightly above the analyst estimate of $1.60.
The forecasted range for adjusted FFO is slightly above the analyst estimate, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price.
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