Brandywine Realty Tr Q2 2024 FFO $0.22 Misses $0.23 Estimate, Sales $125.346M Miss $126.226M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brandywine Realty Trust (NYSE: BDN) reported Q2 2024 earnings per share of $0.22, missing the analyst estimate of $0.23. The company also reported sales of $125.346 million, falling short of the $126.226 million estimate. This represents a slight decrease from the same period last year.
July 23, 2024 | 8:29 pm
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Brandywine Realty Trust reported Q2 2024 earnings per share of $0.22, missing the analyst estimate of $0.23. Sales also missed expectations, coming in at $125.346 million versus the $126.226 million estimate. This slight miss in both earnings and sales could lead to a short-term negative impact on the stock price.
The company's earnings and sales both missed analyst estimates, which is likely to result in a negative short-term impact on the stock price. Investors often react negatively to earnings misses, especially when both earnings and sales fall short of expectations.
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