Brandywine Realty Trust reports results for the quarter ended in December - Earnings Summary

Brandywine Realty Trust

02/02/2024 08:40

* Brandywine Realty Trust  BDN.N  reported a quarterly
adjusted
loss of 91 cents​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of 17 cents.  The mean expectation of four analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -8 cents to -6 cents per share.
    * Revenue rose 0.9% to $130.17 million from a year ago;
analysts
expected $134.13 million. 
    * Brandywine Realty Trust's reported EPS for the quarter was
a
loss of 91 cents​.
    * The company reported a quarterly loss of $157.41 million.
    * Brandywine Realty Trust shares had fallen by 18.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Brandywine
Realty
Trust is $5.75 

This summary was machine generated from LSEG data February 2 at
08:39 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.29           0.27           Missed
 Sep. 30 2023      0.28           0.29           Beat
 Jun. 30 2023      0.28           0.29           Beat
 Mar. 31 2023      0.29           0.29           Met