Brixmor Property Group Inc. (NYSE:BRX) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BRX to report 3Q20 income of $ 0.12 per share from revenue of $ 265.68 million.
For the full year, analysts anticipate top line of $ 1074.06 million, while looking forward to income of $ 0.53 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.90 ~ $ 1.97 per share
Click Here For More Historical Outlooks Of Brixmor Property Group Inc.
Previous Quarter Performance
Brixmor Property Group Inc. unwinded income for the second quarter of $ 0.32 per share, from the revenue of $ 247.62 million. The quarterly earnings escalated 39.13 percent while revenues decreased 14.04 percent compared with the same quarter last year.
Wall street analysts are predicting, BRX to report 2Q20 income of $ 0.08 per share from revenue of $ 261.91 million. The bottom line results beat street analysts by $ 0.24 or 300.00 percent, at the same time, top line results fell short of analysts by $ 14.29 million or 5.46 percent.
Stock Performance
Shares of Brixmor Property Group Inc. traded up $ 0.60 or 5.36 percent on Tuesday, reaching $ 11.80 with volume of 3.25 million shares. Brixmor Property Group Inc. has traded high as $ 11.90 and has cracked $ 11.38 on the downward trend
According to the previous trading day, closing price of $ 11.80, representing a 49.13 % increase from the 52 week low of $ 7.51 and a 50.75 % decrease over the 52 week high of $ 22.74.
The company has a market capital of $ 3.50 billion and is part of the Real Estate sector and REIT – Retail industry.
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 421 retail centers comprise approximately 73 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmors vision “to be the center of the communities we serve” and are home to a diverse mix of thriving national, regional and local retailers.
