Investing.com - Brixmor Property reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Brixmor Property announced earnings per share of $0.49 on revenue of $304.75M. Analysts polled by Investing.com EPS of $0.20 on revenue of $300.68M.
Brixmor Property 's are down 58% and is trading at $22.54 , still down 21.04% from its 52 week high of $27.19 set on Thursday, April 21, 2022.
Brixmor Property shares gained 4.98% to trade at $22.54 in after-hours trade the report.
Brixmor Property follows other major Real Estate sector earnings this month
Brixmor Property's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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