Alpine Income Prop Trust Raises FY2024 FFO Guidance from $1.58-1.62 to $1.67-1.69 vs $1.64 Est
Portfolio Pulse from Benzinga Newsdesk
Alpine Income Prop Trust has increased its FY2024 FFO guidance from $1.58-1.62 to $1.67-1.69, surpassing the analyst estimate of $1.64.
October 17, 2024 | 8:54 pm
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Alpine Income Prop Trust has raised its FY2024 FFO guidance to $1.67-1.69, exceeding the analyst estimate of $1.64. This suggests a positive outlook for the company's financial performance.
The increase in FFO guidance indicates stronger expected financial performance, which is likely to positively impact the stock price. The new guidance surpasses analyst expectations, suggesting potential upside for investors.
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