Brixmor Property Group (BRX) Tops Q2 EPS by 6c, Beats on Revenue

Brixmor Property Group (NYSE: BRX) reported Q2 EPS of $0.26, $0.06 better than the analyst estimate of $0.20. Revenue for the quarter came in at $313.03 million versus the consensus estimate of $307.99 million.

"I'm very pleased to report that we continue to execute on all facets of our balanced plan for growth by delivering sector leading leasing volumes and spreads, growing our value enhancing reinvestment pipeline and accelerating capital recycling of non-core assets at attractive pricing, while maintaining outstanding capital flexibility," commented James Taylor, Chief Executive Officer and President. "We are clearly delivering value now."

For earnings history and earnings-related data on Brixmor Property Group (BRX) click here.

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