InvenTrust Properties Raises FY2024 FFO Guidance from $1.69-1.73 to $1.70-1.73 vs $1.71 Est.
Portfolio Pulse from Benzinga Newsdesk
InvenTrust Properties has raised its FY2024 FFO guidance from $1.69-1.73 to $1.70-1.73, aligning closely with the $1.71 analyst estimate.
October 29, 2024 | 8:34 pm
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InvenTrust Properties has slightly increased its FY2024 FFO guidance, now ranging from $1.70 to $1.73, which aligns closely with the analyst estimate of $1.71.
The increase in FFO guidance, although slight, indicates a positive outlook for InvenTrust Properties. The new guidance aligns with analyst estimates, which may boost investor confidence and potentially lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100