Examining the Future: Brixmor Property Group's Earnings Outlook

Brixmor Property Group (NYSE:BRX) will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Brixmor Property Group to report an earnings per share (EPS) of $0.53.

The announcement from Brixmor Property Group is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.02, leading to a 6.72% increase in the share price on the subsequent day.

Here's a look at Brixmor Property Group's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.52

0.51

EPS Actual

0.54

0.54

0.51

0.5

Price Change %

7.000000000000001%

-0.0%

0.0%

3.0%

Stock Performance

Shares of Brixmor Property Group were trading at $27.88 as of October 24. Over the last 52-week period, shares are up 37.1%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on Brixmor Property Group

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Brixmor Property Group.

A total of 13 analyst ratings have been received for Brixmor Property Group, with the consensus rating being Neutral. The average one-year price target stands at $28.35, suggesting a potential 1.69% upside.

Comparing Ratings Among Industry ...