Urban Edge Props Raises FY2024 FFO Guidance from $1.29-1.32 to $1.32-1.35 vs $1.32 Est
Portfolio Pulse from Benzinga Newsdesk
Urban Edge Properties has raised its FY2024 Funds From Operations (FFO) guidance from $1.29-1.32 to $1.32-1.35, surpassing the analyst estimate of $1.32.
October 30, 2024 | 11:24 am
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Urban Edge Properties has increased its FY2024 FFO guidance to $1.32-1.35, which is above the analyst estimate of $1.32. This suggests a positive outlook for the company's financial performance.
The increase in FFO guidance indicates that Urban Edge Properties expects better financial performance than previously anticipated. This is likely to positively impact the stock price as it surpasses analyst expectations.
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IMPORTANCE 80
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