BXP Revises Full Year 2024 EPS Guidance From $2.08 - $2.14 To $2.05 - $2.07 And FFO From $7.09 - $7.15 To $7.09 - $7.11 Per Share, Est $7.11
Portfolio Pulse from Benzinga Newsdesk
BXP has revised its full-year 2024 EPS guidance from $2.08-$2.14 to $2.05-$2.07 and its FFO from $7.09-$7.15 to $7.09-$7.11 per share, with an estimate of $7.11.
October 29, 2024 | 8:31 pm
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BXP has lowered its full-year 2024 EPS guidance and slightly adjusted its FFO guidance, indicating potential challenges in meeting previous expectations.
The revision of EPS guidance downward suggests that BXP may face challenges in achieving its previous earnings expectations, which could negatively impact investor sentiment and the stock price in the short term. The slight adjustment in FFO guidance also indicates a more conservative outlook.
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