Brandywine Realty Belief (BDN) got here out with quarterly funds from operations (FFO) of $0.23 per share, lacking the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.29 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an FFO shock of -4.17%. 1 / 4 in the past, it was anticipated that this actual property funding belief would put up FFO of $0.22 per share when it really produced FFO of $0.22, delivering no shock.
Over the past 4 quarters, the corporate has not been capable of surpass consensus FFO estimates.
Brandywine Realty Belief
The sustainability of the inventory’s fast value motion primarily based on the recently-released numbers and future FFO expectations will principally rely upon administration’s commentary on the earnings name.
Brandywine Realty Belief shares have added about 18.5% for the reason that starting of the yr versus the S&P 500’s achieve of twenty-two.7%.
What’s Subsequent for Brandywine Realty Belief?
Whereas Brandywine Realty Belief has underperformed the market up to now this yr, the query that involves buyers’ minds is: what’s subsequent for the inventory?
There are not any simple solutions to this key query, however one dependable measure that may assist buyers deal with that is the corporate’s FFO outlook. Not solely does this embody present consensus FFO expectations for the approaching quarter(s), but in addition how these expectations have modified these days.
Empirical analysis exhibits a robust correlation between near-term inventory actions and tendencies in estimate revisions. Buyers can monitor such revisions by themselves or depend on a tried-and-tested score device just like the Zacks Rank, which has a powerful monitor document of harnessing the facility of estimate revisions.
Forward of this earnings release, the estimate revisions pattern for Brandywine Realty Belief: unfavorable. Whereas the magnitude and path of estimate revisions might change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #4 (Promote) for the inventory. So, the shares are anticipated to underperform the market within the close to future. You may see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
It is going to be fascinating to see how estimates for the approaching quarters and present fiscal yr change within the days forward. The present consensus FFO estimate is $0.23 on $132.2 million in revenues for the approaching quarter and $0.92 on $518.93 million in revenues for the present fiscal yr.
Buyers needs to be aware of the truth that the outlook for the business can have a fabric impression on the efficiency of the inventory as effectively. When it comes to the Zacks Business Rank, REIT and Fairness Belief – Different is presently within the high 32% of the 250 plus Zacks industries. Our analysis exhibits that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
Industrial Logistics Properties Belief (ILPT), one other inventory in the identical business, has but to report outcomes for the quarter ended September 2024. The outcomes are anticipated to be launched on October 29.
This firm is anticipated to put up quarterly earnings of $0.12 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the past 30 days.
Industrial Logistics Properties Belief’s revenues are anticipated to be $110.19 million, up 0.1% from the year-ago quarter.
Ought to You Put money into Brandywine Realty Belief (BDN)?
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Zacks Funding Analysis has been dedicated to offering buyers with instruments and unbiased analysis since 1978. For greater than 1 / 4 century, the Zacks Rank stock-rating system has greater than doubled the S&P 500 with a mean achieve of +24.08% per yr. (These returns cowl a interval from January 1, 1988 by way of Could 6, 2024.)
Brandywine Realty Trust (BDN) : Free Stock Analysis Report
Industrial Logistics Properties Trust (ILPT) : Free Stock Analysis Report
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