* Brixmor Property Group Inc reported quarterly adjusted earnings of 32 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of eight 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 4.3% to $320.68 million from a year ago; analysts expected $320.11 million.
* Brixmor Property Group Inc's reported EPS for the quarter was 32 cents.
* The company reported quarterly net income of $96.84 million.
* Brixmor Property Group Inc shares had fallen by 1.4% this quarter and gained 18.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 0.8% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 7 "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 28.00 This summary was machine generated from LSEG data October 29 at 02:27 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 0.52 0.52 Met
Jun. 30 2024 0.51 0.54 Beat
Mar. 31 2024 0.51 0.54 Beat
Dec. 31 2023 0.50 0.51 Beat
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