Brandywine Realty Trust (BDN) reported Q3 funds from operations late Tuesday of $0.23 per diluted share, down from $0.29 a year earlier.
Analysts polled by Capital IQ expected $0.24.
Revenue for the quarter ended Sept. 30 was $131.8 million, compared with $129.4 million a year earlier.
Four analysts surveyed by Capital IQ expected $124.2 million.
The company lowered its 2024 FFO guidance to now be between $0.89 and $0.92 per share, from the prior outlook of $0.91 to $0.96.
Analysts surveyed by Capital IQ expect $0.92.
Price: 6.17, Change: -0.10, Percent Change: -1.59
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