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Armada Hoffler Properties (AHH) Q4 FFO Match Estimates
AHHArmada Hoffler Properties(AHH) ZACKS·2025-02-19 23:26

Financial Performance - Armada Hoffler Properties reported quarterly funds from operations (FFO) of 0.27pershare,matchingtheZacksConsensusEstimate,butdownfrom0.27 per share, matching the Zacks Consensus Estimate, but down from 0.31 per share a year ago [1] - The company posted revenues of 62.95millionforthequarterendedDecember2024,missingtheZacksConsensusEstimateby2.6762.95 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.67%, compared to 59.84 million in the same quarter last year [2] - Over the last four quarters, Armada Hoffler Properties has surpassed consensus FFO estimates three times and topped consensus revenue estimates three times [2][1] Stock Performance and Outlook - Armada Hoffler Properties shares have declined approximately 8.4% since the beginning of the year, while the S&P 500 has gained 4.2% [3] - The company's FFO outlook is crucial for assessing future stock performance, with current consensus FFO estimates at 0.24forthecomingquarterand0.24 for the coming quarter and 1.09 for the current fiscal year [4][7] - The estimate revisions trend for Armada Hoffler Properties is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The REIT and Equity Trust - Residential industry, to which Armada Hoffler Properties belongs, is currently in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which could impact investor sentiment [5]