Federal Realty Investment Sees FY24 FFO $6.70-$6.88 Vs $6.80 Est.
Portfolio Pulse from Benzinga Newsdesk
Federal Realty Investment Trust (FRT) has provided its FY24 Funds From Operations (FFO) guidance, projecting a range of $6.70 to $6.88, compared to the analyst estimate of $6.80.
August 01, 2024 | 8:23 pm
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Federal Realty Investment Trust (FRT) has provided its FY24 FFO guidance, projecting a range of $6.70 to $6.88, compared to the analyst estimate of $6.80.
The FFO guidance provided by FRT is slightly above the analyst estimate, which is generally a positive indicator for the stock. This could lead to a short-term increase in the stock price as investors react to the better-than-expected guidance.
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