Essex Revises FY24 Core FFO Outlook From $15.03 - $15.43 To $15.38 - $15.62, Est $15.39
Portfolio Pulse from Benzinga Newsdesk
Essex Property Trust (ESS) has revised its FY24 Core FFO outlook from a range of $15.03 - $15.43 to $15.38 - $15.62, with an estimate of $15.39.
July 30, 2024 | 8:43 pm
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Essex Property Trust (ESS) has revised its FY24 Core FFO outlook upwards, indicating a stronger financial performance than previously expected.
The upward revision of the FY24 Core FFO outlook suggests that Essex Property Trust is expecting better financial performance than initially anticipated. This is likely to have a positive impact on the stock price in the short term as it reflects improved earnings potential.
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