Highwoods Properties narrows FY24 FFO view to $3.46-$3.61 from $3.46-$3.64

Consensus $3.57. The company said, “The Company updated its full year 2024 FFO outlook to $3.46 to $3.61 per share, which compares to the prior range of $3.46 to $3.64 per share provided on February 6, 2024. The Company’s updated 2024 outlook includes $0.03 per share dilutive impact from dispositions closed since the date of the prior earnings release and higher anticipated interest rates, partially offset by $0.015 per share in higher projected NOI.”