For the quarter ended March 2024, Brandywine Realty Trust (BDN - Free Report) reported revenue of $126.48 million, down 2.1% over the same period last year. EPS came in at $0.24, compared to -$0.03 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $126.12 million, representing a surprise of +0.29%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.24.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Brandywine Realty Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Rents: $119.01 million compared to the $122.42 million average estimate based on three analysts. The reported number represents a change of -1.5% year over year.
- Revenue- Other: $1.58 million versus the three-analyst average estimate of $1.92 million. The reported number represents a year-over-year change of -33.5%.
- Revenue- Third party management fees, labor reimbursement and leasing: $5.89 million versus the three-analyst average estimate of $5.86 million. The reported number represents a year-over-year change of -1.8%.
- Net Earnings Per Share (Diluted): -$0.10 versus -$0.11 estimated by three analysts on average.
View all Key Company Metrics for Brandywine Realty Trust here>>>Shares of Brandywine Realty Trust have returned -4.1% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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For the quarter ended March 2024, Brandywine Realty Trust (BDN - Free Report) reported revenue of $126.48 million, down 2.1% over the same period last year. EPS came in at $0.24, compared to -$0.03 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $126.12 million, representing a surprise of +0.29%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.24.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Brandywine Realty Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Rents: $119.01 million compared to the $122.42 million average estimate based on three analysts. The reported number represents a change of -1.5% year over year.
- Revenue- Other: $1.58 million versus the three-analyst average estimate of $1.92 million. The reported number represents a year-over-year change of -33.5%.
- Revenue- Third party management fees, labor reimbursement and leasing: $5.89 million versus the three-analyst average estimate of $5.86 million. The reported number represents a year-over-year change of -1.8%.
- Net Earnings Per Share (Diluted): -$0.10 versus -$0.11 estimated by three analysts on average.
View all Key Company Metrics for Brandywine Realty Trust here>>>Shares of Brandywine Realty Trust have returned -4.1% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Free Report – The Bitcoin Profit Phenomenon
Zacks Investment Research has released a Special Report to help you pursue massive profits from the world’s first and largest decentralized form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%.
Zacks predicts another significant surge. Click below for Bitcoin: A Tumultuous Yet Resilient History.
Download Now – Today It’s FREE >>
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