secwatch.observer — SEC 8-K summary
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Issuer:     Brixmor Property Group Inc. (BRX)
CIK:        0001581068
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001581068-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brixmor Q4 net income $0.24/sh; record occupancy 94.7%; FY24 FFO guidance $2.06-2.10
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- Q4 2023 net income $72.7M ($0.24/diluted share) vs $107.2M ($0.35) YoY; Nareit FFO $154.7M ($0.51) vs $147.0M ($0.49).
- Record total leased occupancy of 94.7% (anchor 96.8%, small shop 90.3%); same property NOI up 3.1% Q4, 4.0% FY.
- FY 2024 guidance: Nareit FFO $2.06-$2.10 per diluted share, same property NOI growth 2.5%-3.5%.
- Board declared Q1 2024 dividend $0.2725/share, payable April 15; record date April 2.
- Subsequent events: issued $400M 5.5% senior notes due 2034; named Steven Gallagher interim CFO effective Jan 19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581068/000158106824000006/0001581068-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581068/000158106824000006/brx-20240212.htm
  HTML page:      https://secwatch.observer/filing/0001581068-24-000006

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