Here's What Key Metrics Tell Us About Brixmor (BRX) Q3 Earnings

Core Insights - Brixmor Property (BRX) reported a revenue of $320.68 million for the quarter ended September 2024, reflecting a year-over-year increase of 4.4% [1] - The earnings per share (EPS) for the quarter was $0.52, significantly higher than the $0.21 reported in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate by 0.12%, while the EPS also missed the consensus estimate by 1.89% [1] Revenue Breakdown - Rental income was reported at $319.99 million, slightly below the estimated $320.40 million, marking a 4.2% increase compared to the previous year [3] - Other revenues reached $0.69 million, exceeding the average estimate of $0.15 million, representing a substantial year-over-year increase of 253.6% [3] Stock Performance - Brixmor's shares have returned 0.3% over the past month, underperforming compared to the Zacks S&P 500 composite's 2% increase [4] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [4]