Brixmor Property Group Inc reports results for the quarter ended March 31 - Earnings Summary

• Brixmor Property Group Inc BRX.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of eight analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 20 cents to 24 cents per share.

• Revenue rose 5.6% to $337.24 million from a year ago; analysts expected $330.03 million.

• Brixmor Property Group Inc's reported EPS for the quarter was 23 cents​.

• The company reported quarterly net income of $69.73 million.

• Brixmor Property Group Inc shares had fallen by 2.9% this quarter and lost 7.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

• Wall Street's median 12-month price target for Brixmor Property Group Inc is $30.00

This summary was machine generated from LSEG data April 28 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)