Empire State Realty Trust Raises FY2024 Core FFO Guidance from $0.90-0.94 to $0.92-0.94 vs $0.93 Est.
Portfolio Pulse from Benzinga Newsdesk
Empire State Realty Trust has raised its FY2024 Core FFO guidance from $0.90-0.94 to $0.92-0.94, aligning closely with the analyst estimate of $0.93.
October 21, 2024 | 8:21 pm
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POSITIVE IMPACT
Empire State Realty Trust has increased its FY2024 Core FFO guidance to $0.92-0.94, which is in line with the analyst estimate of $0.93. This adjustment suggests a positive outlook for the company's financial performance.
The increase in FFO guidance indicates that Empire State Realty Trust expects better financial performance than previously anticipated. This aligns with analyst estimates, suggesting that the company is on track to meet market expectations, which is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100