* Brandywine Realty Trust reported a quarterly adjusted loss of 96 cents per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of three analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from -8 cents to 18 cents per share.
* Revenue rose 1.9% to $131.78 million from a year ago; analysts expected $133.23 million.
* Brandywine Realty Trust's reported EPS for the quarter was a loss of 96 cents.
* The company reported a quarterly loss of $165.5 million.
* Brandywine Realty Trust shares had risen by 17.6% this quarter and gained 18.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* 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 also "hold"
Wall Street's median 12-month price target for Brandywine Realty Trust is $6.00 This summary was machine generated from LSEG data October 23 at 04:10 a.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
Sep. 30 2024 0.23 0.23 Met
Jun. 30 2024 0.23 0.22 Missed
Mar. 31 2024 0.24 0.24 Met
Dec. 31 2023 0.29 0.27 Missed
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