Paramount Group Raises FY2024 FFO Guidance from $0.76-0.80 to $0.78-0.80 vs $0.78 Est
Portfolio Pulse from Benzinga Newsdesk
Paramount Group has raised its FY2024 FFO guidance from $0.76-0.80 to $0.78-0.80, aligning with the analyst estimate of $0.78.
October 30, 2024 | 9:07 pm
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Paramount Group has increased its FY2024 FFO guidance to $0.78-0.80, aligning with the analyst estimate of $0.78. This suggests a positive outlook for the company's financial performance.
The increase in FFO guidance indicates improved financial expectations, which is likely to positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100