Ventas Sees FY24 FFO $3.14-$3.18 Vs $3.17 Estimate
Portfolio Pulse from Benzinga Newsdesk
Ventas has provided its forecast for the fiscal year 2024 funds from operations (FFO), estimating a range of $3.14 to $3.18 per share, slightly below the consensus estimate of $3.17.
October 30, 2024 | 8:40 pm
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NEUTRAL IMPACT
Ventas has announced its FY24 FFO guidance of $3.14-$3.18, which is slightly below the consensus estimate of $3.17. This could lead to minor fluctuations in the stock price.
The FFO guidance is a key metric for REITs like Ventas, and the slight miss compared to estimates could lead to minor stock price fluctuations. However, the range is close to the estimate, suggesting limited impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100