Brandywine Realty Trust reports results for the quarter ended in January 1 - Earnings Summary

Brandywine Realty Trust

23/10/2024 05:10

* Brandywine Realty Trust  BDN.N  reported a quarterly
adjusted
loss of 96 cents​​ per share for the quarter ended January 1,
lower than the same quarter last year, when the company reported
EPS of -13 cents.  The mean expectation of three analysts for
the quarter was for earnings of 5 cents per share. Wall Street
expected results to range from -8 cents to 18 cents per share.
    * Revenue rose 1.9% to $131.78 million from a year ago;
analysts
expected $133.23 million. 
    * Brandywine Realty Trust's reported EPS for the quarter was
a
loss of 96 cents​.
    * The company reported a quarterly loss of $165.5 million.
    * Brandywine Realty Trust shares had risen by 17.6% this
quarter and gained 18.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for Brandywine Realty
Trust is $6.00 
This summary was machine generated from LSEG data October 23 at
04:10 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
 Sep. 30 2024      0.23           0.23           Met
 Jun. 30 2024      0.23           0.22           Missed
 Mar. 31 2024      0.24           0.24           Met
 Dec. 31 2023      0.29           0.27           Missed