Invitation Homes Raises FY24 Core FFO And AFFO Per Share Guidance By A Penny At The Midpoint To $1.88 And $1.59 Per Share, Respectively.
Portfolio Pulse from Benzinga Newsdesk
Invitation Homes has raised its FY24 Core FFO and AFFO per share guidance by a penny at the midpoint to $1.88 and $1.59, respectively, following strong quarterly results with a 6.9% increase in total revenues and a 7.2% rise in AFFO per share.
October 30, 2024 | 8:38 pm
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Invitation Homes has increased its FY24 Core FFO and AFFO per share guidance, reflecting strong financial performance with a 6.9% increase in total revenues and a 7.2% rise in AFFO per share.
The increase in guidance indicates strong financial health and growth prospects for Invitation Homes, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100