---
schema_version: "secwatch.filing_event.v1"
accession: "0001581068-24-000018"
form_type: "8-K"
ticker: "BRX"
cik: "0001581068"
company_name: "Brixmor Property Group Inc."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:33:17.056908+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Brixmor Q1 net income $0.29/diluted share vs $0.37 YoY; raises 2024 FFO and NOI guidance

## Summary
- Record total leased occupancy of 95.1% (anchor 97.3%, small shop 90.5%); same property NOI up 5.9%.
- Nareit FFO $0.54/diluted share vs $0.50 prior year; net income $88.9M vs $112.2M.
- 2024 Nareit FFO per share guidance raised to $2.08-$2.11 from $2.06-$2.10; same property NOI growth raised to 3.50%-4.25%.
- Interim CEO Brian Finnegan appointed April 11 due to CEO James Taylor's medical leave; dividend $0.2725/share payable July 15.
- Issued $400M of 5.500% Senior Notes due 2034; subsequent $17.3M acquisition of West Center on Long Island.

## SEC filing metadata
- accession: 0001581068-24-000018
- form_type: 8-K
- ticker: BRX
- cik: 0001581068
- company_name: Brixmor Property Group Inc.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581068/000158106824000018/0001581068-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581068/000158106824000018/brx-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001581068-24-000018
- JSON: https://secwatch.observer/filing/0001581068-24-000018.json
- Plain text: https://secwatch.observer/filing/0001581068-24-000018.txt

## Key facts
- Earnings Releases
  Brixmor Property Group Inc. reported the three months ended March 31, 2024 results: net income $0.29 per diluted share, EPS $0.29 per diluted share. Guidance raised.
  - Period: the three months ended March 31, 2024
  - Net income: $0.29 per diluted share
  - EPS: $0.29 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Brixmor Property Group Inc. (the “Company”) issued a press release announcing its financial results and Supplemental Disclosure pertaining to its operations for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1581068/000158106824000018/0001581068-24-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.