Picture of Brixmor Property logo

BRX — Brixmor Property News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsConservativeLarge CapNeutral

Brixmor Property Group Inc reports results for the quarter ended December 31 - Earnings Summary

* Brixmor Property Group Inc  BRX.N  reported quarterly
adjusted
earnings of 27 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 24 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 22 cents per
share. Wall Street expected results to range from 21 cents to 23
cents per share.
    * Revenue rose 3.8% to $328.36 million from a year ago;
analysts
expected $327.06 million. 
    * Brixmor Property Group Inc's reported EPS for the quarter
was 27
cents​.
    * The company reported quarterly net income of $83.4
million.
    * Brixmor Property Group Inc shares had fallen by 4.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Brixmor Property
Group Inc is $31.00 
This summary was machine generated from LSEG data February 10 at
10:00 p.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 2024      0.54           0.53           Missed
 Sep. 30 2024      0.52           0.52           Met
 Jun. 30 2024      0.51           0.54           Beat
 Mar. 31 2024      0.51           0.54           Beat

Recent news on Brixmor Property

See all news