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Brixmor Property (BRX)
NYSE:BRX
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 2.19%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Positive
The earnings call reflects strong leasing activity, demand in core categories, and a robust growth pipeline, but also acknowledges challenges from recent bankruptcies and potential economic uncertainties. The company's strong balance sheet and successful reinvestment projects position it well for future growth.Company Guidance
In the first quarter of 2025, Brixmor Property Group demonstrated strong momentum with positive leasing activity and financial performance. They executed 1.3 million square feet of new and renewal leases at a blended cash spread of 21%, with new leases achieving a 48% spread and renewals at 14%. The company addressed space recaptured from bankrupt tenants, achieving over 50% spreads in re-leasing. Despite a dip in occupancy to 94.1% due to these bankruptcies, Brixmor remains confident in future growth, supported by a signed but not commenced (SNO) pipeline of $60 million, equivalent to 6% of total in-place annual base rent (ABR). Their same property net operating income (NOI) grew by 2.8%, and they affirmed guidance with a same property NOI growth of 3.5% to 4.5% and funds from operations (FFO) guidance of $2.19 to $2.24 per share. The company maintains strong liquidity with $1.3 billion in revolver capacity and cash on hand, and reduced leverage to 5.5 times debt to EBITDA.Strong Leasing Activity and Spreads
Executed 1.3 million square feet of new and renewal leases at a blended cash spread of 21%, with new leases at 48% and renewals at 14%.
Increased Demand in Core Categories
Captured a significant share of new store openings in grocery, specialty grocery, quick-serve restaurants, and value apparel retailers.
Robust Signed but Not Commenced (SNO) Pipeline
Maintained $60 million in SNO pipeline, providing visibility into growth through 2025 and into 2026.
Strong Balance Sheet Position
Reduced leverage to 5.5 times debt to EBITDA and maintained over $1.3 billion in revolver capacity and cash on hand.
Successful Reinvestment Projects
Delivered projects on time and on budget with a weighted average return of 10%.
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BRX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BRX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $26.01 | $24.91 | -4.23% |
Feb 10, 2025 | $25.90 | $26.92 | +3.94% |
Oct 28, 2024 | $27.14 | $26.94 | -0.74% |
Jul 29, 2024 | $23.96 | $25.57 | +6.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Brixmor Property (BRX) report earnings?
Brixmor Property (BRX) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is Brixmor Property (BRX) earnings time?
Brixmor Property (BRX) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BRX EPS forecast?
Currently, no data Available
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