Public Storage Sees FY 2024 Core FFO $16.50-$16.85 Per Share Vs $16.74 Est
Portfolio Pulse from Benzinga Newsdesk
Public Storage has announced its forecast for the fiscal year 2024, expecting core funds from operations (FFO) to be between $16.50 and $16.85 per share, compared to the estimated $16.74 per share.
October 30, 2024 | 8:13 pm
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Public Storage's FY 2024 core FFO forecast is slightly above estimates, indicating potential positive sentiment among investors.
The forecasted core FFO range of $16.50-$16.85 per share is slightly above the market estimate of $16.74, suggesting a positive outlook for the company's financial performance. This could lead to a favorable reaction from investors, potentially driving the stock price up in the short term.
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