Cousins Properties Raises Midpoint Of FY24 FFO Guidance By $0.02 Per Share; Raises Range From $2.60 - $2.67 To $2.63 - $2.68 (Est $2.65)
Portfolio Pulse from Benzinga Newsdesk
Cousins Properties has raised the midpoint of its FY24 Funds From Operations (FFO) guidance by $0.02 per share, adjusting the range from $2.60 - $2.67 to $2.63 - $2.68. The estimated FFO was $2.65.
July 25, 2024 | 8:40 pm
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Cousins Properties has increased its FY24 FFO guidance midpoint by $0.02 per share, now expecting a range of $2.63 - $2.68, compared to the previous range of $2.60 - $2.67. The estimated FFO was $2.65.
The increase in FFO guidance suggests a positive outlook for Cousins Properties' financial performance, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100