Piedmont Office Realty Narrows FY2024 FFO Guidance from $1.46-1.52 to $1.48-1.50 vs $1.50 Est
Portfolio Pulse from Benzinga Newsdesk
Piedmont Office Realty has adjusted its FY2024 FFO guidance to a range of $1.48-$1.50, slightly below the analyst estimate of $1.50.
October 24, 2024 | 8:47 pm
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Piedmont Office Realty has revised its FY2024 FFO guidance to $1.48-$1.50, which is slightly below the analyst estimate of $1.50. This adjustment may indicate a more conservative outlook for the company's financial performance.
The narrowing of the FFO guidance range to slightly below the analyst estimate suggests a more cautious financial outlook, which could lead to a negative short-term impact on the stock price as investors adjust their expectations.
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