Federal Realty Investment Trust Revises FY24 FFO From $6.70-$6.88 To $6.76-$6.86; FY24 EPS From $3.33-$3.51 To $3.40-$3.50 Vs $3.28 Est.
Portfolio Pulse from Benzinga Newsdesk
Federal Realty Investment Trust has revised its FY24 guidance, increasing its FFO per share to $6.76-$6.86 and EPS to $3.40-$3.50, slightly above previous estimates.
October 30, 2024 | 8:24 pm
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Federal Realty Investment Trust has revised its FY24 guidance, increasing its FFO per share to $6.76-$6.86 and EPS to $3.40-$3.50, slightly above previous estimates.
The revision of FY24 guidance by Federal Realty Investment Trust indicates a positive outlook with increased FFO and EPS estimates. This suggests improved financial performance, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100