Phillips Edison Sees FY24 Same-Center NOI 3.5%-4%
Portfolio Pulse from Benzinga Newsdesk
Phillips Edison & Company projects a 3.5% to 4% increase in same-center net operating income (NOI) for fiscal year 2024.
October 24, 2024 | 8:42 pm
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Phillips Edison & Company projects a 3.5% to 4% increase in same-center net operating income (NOI) for fiscal year 2024, suggesting potential growth in their real estate operations.
The projected increase in same-center NOI indicates positive operational performance and potential revenue growth for Phillips Edison & Company. This is likely to have a positive impact on the stock price as it suggests improved financial health and profitability.
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