Equity Residential Raises 2024 FFO Guidance Range From $3.80-$3.90 to $3.86-$3.92
Portfolio Pulse from Benzinga Newsdesk
Equity Residential has raised its 2024 Funds From Operations (FFO) guidance range from $3.80-$3.90 to $3.86-$3.92.
July 29, 2024 | 8:36 pm
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POSITIVE IMPACT
Equity Residential has increased its 2024 FFO guidance range, indicating stronger expected financial performance.
The increase in FFO guidance suggests that Equity Residential expects better financial performance in 2024, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
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