Welltower shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY 24 FFO guidance.
Portfolio Pulse from Benzinga Newsdesk
Welltower shares increased following the release of Q3 financial results that surpassed expectations, along with an upward revision of its FY 24 FFO guidance.
October 29, 2024 | 2:05 pm
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POSITIVE IMPACT
Welltower's stock price is likely to rise in the short term due to better-than-expected Q3 financial results and an increase in FY 24 FFO guidance.
The positive Q3 financial results and raised FY 24 FFO guidance indicate strong performance and future growth potential, which typically leads to an increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100