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via finance.yahoo.comBusiness & Companies

Brixmor beats Q3 estimates with FFO of 60 cents per share

FROM THE WIRE · FINANCE.YAHOO.COM

NEW YORK (AP) — NEW YORK (AP) — Brixmor Property Group Inc. (BRX) on Monday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations. The New York-based real estate investment trust said it had funds from operations of $184.6…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above expectations for a leading shopping center REIT.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Funds from operations were $184.6 million, or 60 cents per share, versus a 59-cent estimate.
  2. 02Net income was $87.8 million, or 28 cents per share.
  3. 03Revenue was $359.6 million, above the $356.1 million forecast.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Brixmor Property Group Inc.BRXStock28.12 USDMarket closedtoday -0.04%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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