Xenia Hotels & Resorts Sees FY24 Adj. FFO $1.62-$1.74
Portfolio Pulse from Benzinga Newsdesk
Xenia Hotels & Resorts has projected its FY24 Adjusted Funds From Operations (FFO) to be in the range of $1.62 to $1.74.
August 01, 2024 | 9:10 pm
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POSITIVE IMPACT
Xenia Hotels & Resorts has provided a forecast for its FY24 Adjusted FFO, estimating it to be between $1.62 and $1.74. This projection gives investors a clearer picture of the company's expected financial performance for the upcoming fiscal year.
The forecasted range for Adjusted FFO provides a positive outlook for Xenia Hotels & Resorts, indicating potential stability and growth in its financial performance. This is likely to have a positive short-term impact on the stock price as investors gain confidence in the company's future earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100