Brief: Brandywine Realty Trust Q2 FFO USD 26.1 Million

Brandywine Realty Trust

23/07/2025 22:12

Overview

Brandywine Realty Trust reports Q2 net loss of $89 mln due to impairments

FFO for Q2 at $26.1 mln, down from $38 mln in prior year

Outlook

Company revises 2025 FFO guidance to $0.60 - $0.66 per share

Brandywine adjusts 2025 loss per share guidance to $(0.96) - $(0.90)

Brandywine removes land sales gains from 2025 business plan

Result Drivers

TENANT DEMAND - Tenant demand improved, with Q2 leasing activity up 35% from Q1

DEVELOPMENT LEASING - Signed 100,000 sq ft lease at One Uptown office development, Solaris residential project 89% leased

IMPAIRMENT CHARGES - Non-cash impairment charges of $63.4 mln related to Austin assets impacted Q2 results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$0.51
Q2 Net Income
-$89 mln
Q2 FFO
$26.10 mln


Analyst Coverage

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 "buy."

Wall Street's median 12-month price target for Brandywine Realty Trust is $5.00, about 13.4% above its July 23 closing price of $4.33

Press Release: ID:nGNX37Xd56

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)