Center Narrows FY2024 FFO Guidance from $4.78-4.92 to $4.82-4.90 vs $4.85 Est
Portfolio Pulse from Benzinga Newsdesk
Center (NYSE:CSR) has adjusted its FY2024 FFO guidance to a range of $4.82-$4.90, slightly narrowing from the previous range of $4.78-$4.92, and aligning closely with the analyst estimate of $4.85.
October 28, 2024 | 8:39 pm
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Center has narrowed its FY2024 FFO guidance to $4.82-$4.90, aligning closely with the analyst estimate of $4.85. This suggests a stable outlook for the company.
The narrowing of the FFO guidance range suggests that Center has a clearer view of its financial performance, which aligns closely with analyst expectations. This indicates stability and predictability in its financial outlook, likely resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100