DilutionSurprise Retail Asset Sale a Dilutive Event, with 9c of dilution in its 2025 forecast, stemming from the sale of Del Monte Center.
EarningsThe FY25 FFO guidance of $1.94 is below consensus estimates, suggesting potential disappointment.
GuidanceShares are expected to underperform as its newly issued 2025 guidance range missed expectations significantly, raising additional questions regarding capital allocation, asset recycling, and future growth.