GPT Group's (ASX:GPT) 2024 results met expectations and its funds from operations (FFO) guidance growth exceeds expectations, according to a Monday note by Jarden Research.

However, weaker-than-expected distribution per unit guidance signals potential pressure on cash flow and adjusted funds from operations growth, Jarden said.

The company reported that its adjusted funds from operations (AFFO) per security in 2024 fell to AU$0.245 from the prior year's AU$0.255 per security.

Analysts polled by FactSet were expecting AFFO of AU$0.26 per security.

For the current year, GPT expects FFO per security between AU$0.325 and AU$0.331, up 1% to 3% year over year, and higher than Jarden's estimates of AU$0.325.

The company also expects a distribution of AU$0.24 per security for the year, in line with Jarden's estimates.

Jarden Research had a neutral rating on GPT and a price target of AU$4.95.

Shares of the company fell 2% at market close.