Brixmor Property Group Inc reports results for the quarter ended in June - Earnings Summary

Brixmor Property

31/07/2023 23:02

* Brixmor Property Group Inc  BRX.N  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue rose 1% to $309.19 million from a year ago;
analysts
expected $306.79 million. 
    * Brixmor Property Group Inc's reported EPS for the quarter
was 19
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Brixmor Property Group Inc shares had risen by 2.3% this
quarter and lost 0.7% so far this year.
    * The company reported quarterly net income of $56.41
million.
    * Wall Street's median 12-month price target for Brixmor
Property
Group Inc is $24.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.50           0.51           Beat
 Mar. 31 2023      0.50           0.50           Met
 Dec. 31 2022      0.49           0.49           Met
 Sep. 30 2022      0.49           0.49           Met