Farmland Partners Raises FY2024 FFO Guidance from $0.20-0.26 to $0.24-0.30 vs $0.22 Est
Portfolio Pulse from Benzinga Newsdesk
Farmland Partners has increased its FY2024 FFO guidance from $0.20-0.26 to $0.24-0.30, surpassing the analyst estimate of $0.22.
October 30, 2024 | 8:35 pm
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Farmland Partners has raised its FY2024 FFO guidance to $0.24-0.30, which is above the analyst estimate of $0.22. This suggests a positive outlook for the company's financial performance.
The increase in FFO guidance indicates that Farmland Partners expects better financial performance than previously anticipated. This is likely to positively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100