Brixmor Property Group Inc expected to post earnings of 22 cents a share - Earnings Preview

Brixmor Property

26/07/2024 21:15

* Brixmor Property Group Inc  BRX.N   BRX  is expected
to show a
rise in quarterly revenue when it reports  results on July 29
for the period ending June 30 2024
    * The New York City-based  company is expected to report a
2.9% increase in revenue to $318.254 million from $309.19
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (SAL Represent Rental/Property
revenue basis)
    * ​LSEG's mean analyst estimate for Brixmor Property Group
Inc is
for earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Brixmor
Property
Group Inc is $25.00​, above​ its last closing price of $24.20.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.51        0.51       0.54      Beat    5.7
 Jan. 1 2024   0.50        0.50       0.51      Beat    1.1
 Sep. 30 2023  0.50        0.50       0.50      Met     -0.1​
 Jun. 30 2023  0.50        0.50       0.52      Beat    3.5
 ​​Jan.        0.50        0.50       0.50      Met     1
 1 0001                                                 
 Jan. 1 0001   0.49        0.49       0.49      Met     0​
 Sep. 30 2022  0.49        0.49       0.49      Met     0.4
 Jun. 30 2022  0.48        0.48       0.49      Beat    2.3
 This summary was machine generated July 26 at 20:15 GMT.  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)