Brandywine Realty Trust (BDN) Reports Q1 EPS of $0.32, Lowers Guidance

Brandywine Realty Trust (NYSE: BDN) reported Q1 FFO of $0.32, versus ($0.07) reported last year. Revenue for the quarter came in at $0 versus the consensus estimate of $133.43 million.

GUIDANCE:

Brandywine Realty Trust sees FY2017 FFO diluted of $1.33-$1.40.

Guidance clarity as explained in the press release: "Based on current plans and assumptions and subject to the risks and uncertainties more fully described in our Securities and Exchange Commission filings, we are narrowing our previously released 2017 net income guidance from $0.24 to $0.31 per diluted share to $0.20 to $0.27 per diluted share and our previously issued 2017 FFO guidance from $1.35 to $1.42 per diluted share to $1.33 to $1.40 per diluted share. This guidance is provided for informational purposes and is subject to change. The following is a reconciliation of the calculation of 2017 FFO and earnings per diluted share:"

For earnings history and earnings-related data on Brandywine Realty Trust (BDN) click here.

You May Also Be Interested In

• Middleby board approves spin-off of food processing unit Midera
• Alphabet slides over 6% as AI brain drain and SpaceX slump converge
• AeroVironment restates quarterly financials, citing $89M goodwill error