Outlook uses the value of the WindowsEmailAddress
property to populate this field, which I'm guessing has a null value on said guest user objects. You cannot edit how Outlook handles this, but you can populate said field on the affected users:
Set-MailUser ******@domain.com -WindowsEmailAddress ******@externaldomain.com
Keep in mind that updating the value of WindowsEmailAddress
will also update the value of PrimarySMTPAddress
.