PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on October 24, 2024 to holders of record on October 9, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our third quarter earnings after the market close on Tuesday October 22, 2024 and will hold our third quarter conf ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________________________________________________________ FORM 10-Q _____________________________________________________________________________________________ (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Excha ...

Gearstd/iStock via Getty Images Over the past five years, no property sector has been reshaped more than urban real estate. Broadly, office has taken the crown as the property sector with the most adverse impact since the pandemic and the era of rising interest rates. However, the reshaping of the office market has largely been a byproduct of shifts in urban culture. Cities are changing. Consumer preferences continue to evolve, putting forth an everchanging puzzle for developers and property owners to solve ...

Brandywine Realty Trust (NYSE:BDN) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Jerry Sweeney - President and CEO George Johnstone - EVP of Operations Daniel Palazzo - Senior Vice President and Chief Accounting Officer Tom Wirth - EVP and CFO Conference Call Participants Anthony Paolone - JPMorgan Steve Sakwa - Evercore ISI Michael Griffin - Citi Dylan Burzinski - Green Street Omotayo Okusanya - Deutsche Bank Michael Lewis - Truist Securities Gabby Horvath - KeyBanc Operato ...

Exhibit 99.1 Company / Investor Contact: Tom Wirth EVP & CFO 610-832-7434 tom.wirth@bdnreit.com Brandywine Realty Trust Announces Second Quarter Results Narrows 2024 Guidance Philadelphia, PA, July 23, 2024 — Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2024. Management Comments "We continue to make excellent progress on our 2024 business plan highlighted by exceeding our speculative revenue target at the midpoint o ...

Brandywine Realty Trust (BDN) reported $125.35 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.4%. EPS of $0.22 for the same period compares to -$0.08 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $127.34 million, representing a surprise of -1.57%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.22. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Over the last four quarters, the company has surpassed consensus FFO estimates just once. Brandywine Realty Trust shares have lost about 11.5% since the beginning of the year versus the S&P 500's gain of 16.7%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately. It will be interest ...

Management Comments Second Quarter Highlights Net Income to common shareholders: $29.9 million, or $0.17 per diluted share. Our second quarter results include one-time, non-cash income totaling $53.8 million, or $0.31 per diluted share, related to recapitalizing one of our joint ventures, as discussed below. Funds from Operations (FFO): $38.0 million, or $0.22 per diluted share. Core Portfolio: 87.3% occupied and 88.5% leased. New and Renewal Leases Signed: 164,000 square feet wholly-owned and 501,000 squar ...

Bjoern Wylezich Co-authored by Rida Morwa. Investors love to parrot the phrase "Buy low, sell high," yet so many fail to do it. Step one of "buying low" usually means buying something that isn't popular. You aren't going to find me arguing that the market is efficient; however, the reality is that stocks that are trading at a low valuation are usually trading low for a reason. Often, the best returns in the market come from buying distressed sectors. Investors willing to "stick their hand in the fire" can o ...

PHILADELPHIA, May 23, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on July 18, 2024 to holders of record on July 3, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our second quarter earnings after the market close on Tuesday, July 23, 2024 and will hold our second quarter conference c ...