Brixmor Property Group Q3 2024 FFO $0.52, Inline, Sales $320.682M Beat $320.113M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brixmor Property Group reported Q3 2024 earnings per share of $0.52, meeting analyst expectations, and sales of $320.682 million, slightly beating estimates. Both earnings and sales showed growth compared to the same period last year.
October 28, 2024 | 8:08 pm
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Brixmor Property Group's Q3 2024 earnings per share of $0.52 met expectations, while sales of $320.682 million slightly exceeded estimates. Both figures showed year-over-year growth.
The earnings per share met expectations, which is neutral, but the slight beat in sales and year-over-year growth in both earnings and sales are positive indicators. This suggests a stable performance, likely leading to a slight positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100