The earnings call reflects a strong financial and operational performance, with record leasing activity and strategic acquisitions driving growth. Despite challenges such as tenant disruption and potential tariff impacts, Brixmor remains well-positioned for future growth with a strong balance sheet and resilient consumer demand.

Company Guidance

During Brixmor Property Group's second quarter 2025 earnings call, the company provided robust guidance, underscoring its strong leasing activity and future growth prospects. The signed but not commenced (SNO) pipeline reached $67 million, representing 7% of total annual base rent (ABR), with expectations to commence $69 million in 2025, up from the previous estimate of $53 million. Same-property net operating income (NOI) growth is projected at 3.9% to 4.3%, driven by a 360 basis point contribution from base rent growth, despite a 230 basis point drag from tenant disruptions. The company's financial health remains strong with $1.4 billion in available liquidity and a debt-to-EBITDA ratio of 5.5x. Brixmor also highlighted its successful capital recycling strategy, including the acquisition of LaCenterra, which is expected to offer significant upside potential. The company's increased guidance for funds from operations (FFO) is set at $2.22 to $2.25 per share, reflecting enhanced lease settlements and other income. Overall, Brixmor emphasized its ability to deliver consistent outperformance and visibility on growth for 2026 and beyond.

Record Leasing Activity

Brixmor executed 1.7 million square feet of new and renewal leases at a blended cash spread of 24%, including over 900,000 square feet of new leases at an impressive 44% spread. This activity generated the highest quarterly annual base rent in the company's history.

Strong Financial Position and Growth Outlook

NAREIT FFO was $0.56 per share in the second quarter, driven by same-property NOI growth of 3.8% despite a 260 basis point drag from tenant disruption. The company has increased its FFO guidance to $2.22 to $2.25.

Strategic Acquisition of LaCenterra

Brixmor announced the acquisition of LaCenterra, a grocery-anchored lifestyle center in Houston, boasting over 5 million visits annually. The acquisition offers significant upside due to below-market rents and a diverse mix of high-quality tenants.

Strong Balance Sheet

Brixmor ended the quarter with $1.4 billion in available liquidity and no remaining debt maturities until June 2026, providing flexibility to execute on their business plan.

Resilient Consumer Demand and Retailer Growth

The company reported strong traffic and collection trends, with creditworthy tenants focused on growing store count. Brixmor is well-positioned to capitalize on this environment and deliver compelling growth in 2025 and beyond.

Brixmor Property (BRX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BRX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 27, 2025	2025 (Q3)	0.23 / -	0.32	―	―	―
Jul 28, 2025	2025 (Q2)	0.21 / 0.28	0.23	21.74% (+0.05)
Apr 28, 2025	2025 (Q1)	0.22 / 0.23	0.29	-20.69% (-0.06)	―
Feb 10, 2025	2024 (Q4)	0.23 / 0.27	0.24	12.50% (+0.03)
Oct 28, 2024	2024 (Q3)	0.22 / 0.32	0.21	52.38% (+0.11)
Jul 29, 2024	2024 (Q2)	0.22 / 0.23	0.19	21.05% (+0.04)	―
Apr 29, 2024	2024 (Q1)	0.21 / 0.29	0.37	-21.62% (-0.08)	―
Feb 12, 2024	2023 (Q4)	0.20 / 0.24	0.35	-31.43% (-0.11)	―
Oct 30, 2023	2023 (Q3)	0.20 / 0.21	0.26	-19.23% (-0.05)
Jul 31, 2023	2023 (Q2)	0.21 / 0.19	0.29	-34.48% (-0.10)

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

BRX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 28, 2025	$25.54	$26.35	+3.17%
Apr 28, 2025	$25.72	$24.63	-4.24%
Feb 10, 2025	$25.61	$26.62	+3.94%
Oct 28, 2024	$26.84	$26.64	-0.75%

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.

FAQ

When does Brixmor Property (BRX) report earnings?

Brixmor Property (BRX) is schdueled to report earning on Oct 27, 2025, After Close (Confirmed).

What is Brixmor Property (BRX) earnings time?

Brixmor Property (BRX) earnings time is at Oct 27, 2025, After Close (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?

BRX EPS forecast for the fiscal quarter 2025 (Q3) is 0.23.

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