Brixmor Property Group (BRX) Tops Q2 EPS by 7c, provides guidance

Brixmor Property Group (NYSE: BRX) reported Q2 EPS of $0.28, $0.07 better than the analyst estimate of $0.21. Revenue for the quarter came in at $339.49 million versus the consensus estimate of $331.38 million.

GUIDANCE

The Company has updated its previously provided NAREIT FFO per diluted share expectations for 2025 to $2.22 - $2.25 from $2.19 - $2.24 and same property NOI growth expectations for 2025 to 3.90% - 4.30% from 3.50% - 4.50%.

Revenues deemed uncollectible is expected to total 75 - 110 bps of total expected revenues in 2025.
2025 expectations do not include any additional items that impact FFO comparability, which include gain or loss on extinguishment of debt, net and transaction expenses, net, or any other one-time items.

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

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