Veris Residential Sees FY24 Core FFO $0.52-$0.56 Vs $0.53 Est.
Portfolio Pulse from Benzinga Newsdesk
Veris Residential has provided its FY24 Core FFO guidance, estimating it to be between $0.52 and $0.56, compared to the consensus estimate of $0.53.
July 24, 2024 | 8:58 pm
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Veris Residential has issued its FY24 Core FFO guidance, estimating a range of $0.52 to $0.56, which is slightly above the consensus estimate of $0.53.
The guidance provided by Veris Residential is slightly above the consensus estimate, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price as the market reacts to the optimistic outlook.
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