Simon Property Group Sees FY24 EPS $7.18-$7.28 Vs $7.12 Est.; FFO $12.80-$12.90
Portfolio Pulse from Benzinga Newsdesk
Simon Property Group has released its financial guidance for FY24, projecting EPS between $7.18 and $7.28, and FFO between $12.80 and $12.90 per share, excluding certain unrealized losses.
November 01, 2024 | 12:20 pm
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Simon Property Group has provided its FY24 financial guidance, estimating EPS between $7.18 and $7.28, and FFO between $12.80 and $12.90 per share, excluding unrealized losses. This guidance is slightly above the market estimate of $7.12 for EPS.
The guidance provided by Simon Property Group is slightly above market expectations, which is likely to have a positive impact on the stock price in the short term. The EPS guidance exceeds the market estimate, indicating potential investor optimism.
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