Brixmor Property Group Raises FY2024 FFO Guidance from $2.11-2.14 to $2.13-2.15 vs $2.13 Est
Portfolio Pulse from Benzinga Newsdesk
Brixmor Property Group has raised its FY2024 FFO guidance from $2.11-2.14 to $2.13-2.15, aligning closely with the analyst estimate of $2.13.
October 28, 2024 | 8:08 pm
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Brixmor Property Group has increased its FY2024 FFO guidance, which is now in line with analyst expectations. This adjustment suggests a positive outlook for the company's financial performance.
The increase in FFO guidance indicates that Brixmor Property Group expects better financial performance than previously anticipated. This aligns with analyst estimates, suggesting that the market may react positively to this news, potentially driving the stock price up in the short term.
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