Alexander & Baldwin Raises FY24 Adjusted FFO Per Share Outlook From $0.89 - $1.00 To $0.99 - $1.08 (Est $1.15)
Portfolio Pulse from Benzinga Newsdesk
Alexander & Baldwin has raised its FY24 adjusted FFO per share outlook from $0.89 - $1.00 to $0.99 - $1.08, though it still falls short of the estimated $1.15.
July 25, 2024 | 8:58 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Alexander & Baldwin has increased its FY24 adjusted FFO per share outlook to $0.99 - $1.08, which is an improvement but still below the estimated $1.15.
The increase in the FY24 adjusted FFO per share outlook is a positive development for Alexander & Baldwin, indicating better-than-expected performance. However, the new outlook still falls short of the estimated $1.15, which may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100