Brandywine Realty Trust (NYSE:BDN – Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.910-0.960 for the period, compared to the consensus estimate of 0.920. The company issued revenue guidance of -. Brandywine Realty Trust also updated its FY24 guidance to $0.91-0.96 EPS.
Brandywine Realty Trust Stock Performance
NYSE BDN traded down $0.06 during trading on Wednesday, hitting $4.80. 957,872 shares of the company’s stock traded hands, compared to its average volume of 1,866,689. The stock has a market capitalization of $826.90 million, a price-to-earnings ratio of -3.98 and a beta of 1.33. Brandywine Realty Trust has a 12-month low of $3.62 and a 12-month high of $5.67. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.21 and a current ratio of 2.21. The business has a 50 day moving average of $4.58 and a 200-day moving average of $4.57.
Brandywine Realty Trust (NYSE:BDN – Get Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The real estate investment trust reported $0.17 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.05). The business had revenue of $125.30 million for the quarter, compared to analysts’ expectations of $119.47 million. Brandywine Realty Trust had a negative net margin of 40.61% and a negative return on equity of 14.62%. Brandywine Realty Trust’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the company earned $0.29 earnings per share. As a group, equities research analysts anticipate that Brandywine Realty Trust will post 0.93 earnings per share for the current fiscal year.
Brandywine Realty Trust Dividend Announcement
About Brandywine Realty Trust
Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.
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