Brixmor Property Group (BRX) Reports Q4 FFO of $0.33

Brixmor Property Group (NYSE: BRX) reported Q4 FFO of $0.33, versus $0.47 reported last year. Revenue for the quarter came in at $269.4 million versus the consensus estimate of $269.81 million.

GUIDANCE

• The Company expects 2021 NAREIT FFO per diluted share of $1.56 – 1.70 and same property NOI growth of (1.0) – 3.0%.
• Expectations for 2021 NAREIT FFO:
  • Do reflect prospective 2021 transaction activity
  • Do not contemplate any tenants moving to or from a cash basis of accounting, either of which may result in significant volatility in straight-line rental income
  • Do not include any items that impact FFO comparability, including loss on debt extinguishment, litigation and other non-routine legal expenses, and transaction expenses, or any one-time items
• The following table provides a reconciliation of the range of the Company's 2021 estimated net income attributable to common stockholders to NAREIT FFO:

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

You May Also Be Interested In

• NIO Inc. (NIO) Tops Q2 EPS by 33c; offers guidance
• MongoDB (MDB) Tops Q2 EPS by 29c, Beats on Revenue; Offers FY37 Guidance
• GitLab’s second-quarter revenue jumps 21% as AI demand drives bookings