NYSEARCA:VNQ - NYSE Arca - US9229085538 - ETF - Currency: USD
Investors were surprised by a 3% CPI reading in the US, raising concerns about potential inflation. 5 sectors to avoid if inflation persists.
January inflation data showed higher costs than expected with rent and costs for home owners continuing to rise.
According to TheFly, KeyBanc noted that the company’s segment-by-segment revenue build and analysis show potential upside to Street estimates even when assuming no improvement in existing home sales through 2026.
The San Francisco-based firm reported core funds from operations of $1.50 per share, compared with the average analysts' estimate of $1.39 per share.