🟢 Millrose Properties is trading 4.09% up today after a third-quarter beat and higher AFFO guidance

Millrose Properties is trading at $25.30, up 4.09%, after its third-quarter results beat expectations and management raised fourth-quarter AFFO guidance.

• Revenue was $211.0 million, and AFFO was $0.80 per share; fourth-quarter AFFO guidance is $0.82–$0.84 per share.
• The board authorized a $250 million share repurchase program.
• Shares closed at $24.31 on October 27; no current volume information was provided.