Plymouth Industrial (PLYM) Q3 FFO Lag Estimates
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Plymouth Industrial (PLYM) reported Q3 funds from operations (FFO) of $0.44 per share, missing the Zacks Consensus Estimate of $0.48 per share. This is a decrease from the $0.46 per share reported a year ago.
November 07, 2024 | 1:30 am
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NEGATIVE IMPACT
Plymouth Industrial's Q3 FFO of $0.44 per share missed the Zacks Consensus Estimate of $0.48, and is down from $0.46 a year ago, indicating potential short-term pressure on the stock.
The miss on FFO estimates and the year-over-year decline suggest potential negative sentiment among investors, likely leading to short-term downward pressure on PLYM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100