Welltower Raised FY24 FFO From $4.13-$4.21 To $4.27-$4.33 Vs $4.19 Est.
Portfolio Pulse from Benzinga Newsdesk
Welltower has increased its full-year 2024 Funds From Operations (FFO) guidance from a range of $4.13-$4.21 to $4.27-$4.33, surpassing the previous estimate of $4.19.
October 28, 2024 | 8:13 pm
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Welltower has raised its FY24 FFO guidance to $4.27-$4.33, exceeding the previous estimate of $4.19. This suggests a positive outlook for the company's financial performance.
The increase in FFO guidance indicates improved financial performance expectations, which is likely to positively impact Welltower's stock price in the short term. The new guidance surpasses previous estimates, suggesting strong operational performance.
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