* Brandywine Realty Trust reported a quarterly adjusted loss of 10 cents per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of three analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -11 cents to -9 cents per share.
* Revenue fell 2.1% to $126.48 million from a year ago; analysts expected $126.95 million.
* Brandywine Realty Trust's reported EPS for the quarter was a loss of 10 cents.
* The company reported a quarterly loss of $16.7 million.
* Brandywine Realty Trust shares had fallen by 12.1% this quarter and lost 21.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 10.9% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "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 $5.00 This summary was machine generated from LSEG data April 17 at 09:01 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
Mar. 31 2024 0.24 0.24 Met
Dec. 31 2023 0.29 0.27 Missed
Sep. 30 2023 0.28 0.29 Beat
Jun. 30 2023 0.28 0.29 Beat
Comments