earnings
confidence high
sentiment positive
materiality 0.70
Brixmor Q1 2025 FFO $0.56 per share, same property NOI up 2.8%, reaffirms guidance
Brixmor Property Group Inc.
2025-Q1 EPS reported
$0.23
revenue$337,512,000
- Net income $0.23 diluted EPS vs $0.29 prior; Nareit FFO $0.56 per share vs $0.54, up 3.7%.
- Same property NOI growth 2.8% driven by base rent contribution of 410 bps; leased occupancy 94.1%.
- Executed 1.3M sq ft of leases with rent spreads of 20.5% overall, 47.5% on new leases.
- Reaffirmed FY2025 Nareit FFO guidance $2.19-$2.24 per share and same property NOI growth 3.5%-4.5%.
- Quarterly dividend declared $0.2875 per share, payable July 15, 2025.