For the quarter ended March 2024, Brixmor Property (BRX) reported income of $320.24 million, up 2.8% over the identical interval final 12 months. EPS got here in at $0.54, in comparison with $0.37 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $316.25 million, representing a shock of +1.26%. The corporate delivered an EPS shock of +5.88%, with the consensus EPS estimate being $0.51.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how Brixmor carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Rental earnings: $319.49 million versus $314.65 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +2.7% change.
- Revenues- Different revenues: $0.75 million versus $0.53 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +139.5% change.
- Revenue (loss) attributable to frequent stockholders- Diluted: $0.29 in comparison with the $0.22 common estimate primarily based on 4 analysts.
View all Key Company Metrics for Brixmor here>>>
Shares of Brixmor have returned -7.4% over the previous month versus the Zacks S&P 500 composite’s -2% change. The inventory at the moment has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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Brixmor Property Group Inc. (BRX) : Free Stock Analysis Report
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