Brixmor Earnings Reports

Brixmor Property Group reported solid Q4 2024 results with strong leasing activity, increased occupancy rates, and higher net income. The company stabilized $123.3 million of reinvestment projects and achieved a 4.7% increase in same-property NOI. Nareit FFO per diluted share improved to $0.53, and net income rose to $83.4 million. Brixmor also executed $211.8 million in acquisitions and received a credit rating upgrade.

Brixmor Property Group reported strong operating results for Q3 2024, achieving record occupancy levels and ABR PSF. The company sequentially increased total leased occupancy to 95.6%, anchor leased occupancy to 97.7%, and small shop leased occupancy to 91.1%. Same property NOI increased by 4.1%, driven by a 520 basis point contribution from base rent. The company updated its 2024 Nareit FFO per diluted share expectations to $2.13 - $2.15 and same property NOI growth expectations to 4.75% - 5.25%.

Brixmor Property Group Inc. announced its operating results for the three months ended June 30, 2024, featuring a net income of $0.23 per diluted share, record rent spreads, and increased total leased occupancy. The company also updated its Nareit FFO per diluted share expectations for 2024 to $2.11 - 2.14 and same property NOI growth expectations for 2024 to 4.25% - 5.00%.

Brixmor Property Group reported strong operating results for Q1 2024, achieving record occupancy and retention rates. The company executed 1.3 million square feet of new and renewal leases with significant rent spreads. As a result, Brixmor increased its Nareit FFO and same property NOI growth expectations for 2024.

Brixmor Property Group reported Q4 2023 results, featuring a net income of $0.24 per diluted share and Nareit FFO of $0.51 per diluted share. The company achieved record total and small shop leased occupancy, executed 1.7 million square feet of new and renewal leases with significant rent spreads, and increased same property NOI by 3.1%.

Brixmor Property Group reported strong third-quarter results, demonstrating continued momentum and growth in cash flows. Key highlights include executing 1.7 million square feet of new and renewal leases, achieving a leased occupancy of 93.9%, and reporting a 4.8% increase in same-property NOI.

Brixmor Property Group reported positive Q2 2023 results, featuring strong leasing activity with significant rent spreads, record occupancy rates, and growth in same property NOI. The company also made strategic investments, dispositions, and capital structure moves, and updated its 2023 NAREIT FFO and same property NOI growth expectations.

Brixmor Property Group reported strong first quarter 2023 results, with net income of $0.37 per diluted share. The company executed 1.4 million square feet of new and renewal leases, increased total leased occupancy to a record 94.0%, and reported an increase in same property NOI of 4.9%.

Brixmor Property Group reported strong Q4 and full-year 2022 results, driven by the execution of their value-added plan and portfolio transformation. Record total and small shop leased occupancy were achieved, along with significant rent spreads on new and renewal leases.

Brixmor Property Group reported strong Q3 2022 results, driven by continued strength in leasing. The company achieved record total and small shop leased occupancy, with total leased occupancy reaching 93.3% and small shop leased occupancy reaching 88.8%.

Brixmor Property Group reported a strong second quarter in 2022, marked by increased leased occupancy, significant rent spreads on new and renewal leases, and a rise in same property NOI. The company also updated its NAREIT FFO and same property NOI growth expectations for 2022, reflecting confidence in continued growth.

Brixmor Property Group reported strong first quarter results, driven by its value-added platform. The company saw growth across operational metrics, including traffic trends, leasing volumes and spreads, ABR, and small shop occupancy. Brixmor also updated its NAREIT FFO per diluted share and same property NOI growth expectations for 2022.

Brixmor Property Group reported strong Q4 2021 results, marked by a significant increase in net income per share, driven by robust leasing activity and same-property NOI growth. The company's focus on value-added strategies and strategic acquisitions contributed to its positive performance and optimistic outlook for 2022.

Brixmor Property Group reported strong Q3 2021 results, with key highlights including significant leasing activity, increased occupancy rates, and a substantial rise in same property NOI. The company also updated its full-year NAREIT FFO and same property NOI growth expectations upward.

Brixmor Property Group reported strong second-quarter 2021 results, highlighted by a record new lease ABR of $19.48 per square foot, increased total leased occupancy to 91.1%, and a 13.9% increase in same-property NOI. The company also updated its full-year NAREIT FFO per diluted share guidance to $1.70 - $1.76 and same-property NOI growth expectations to 4.5% - 6.0%.

Brixmor Property Group reported first quarter 2021 results, showing continued improvement in rent collections, significant leasing productivity, and a decrease in same property NOI of 1.5%.

Brixmor Property Group reported Q4 2020 results, with rent collections improving to 92.7% of billed rent. The company executed 1.4 million square feet of leases with rent spreads of 8.0% and realized a leased occupancy of 90.7%. Same property NOI decreased by 6.4%, and NAREIT FFO was $99.7 million, or $0.33 per diluted share.

Brixmor Property Group reported a net income of $0.09 per diluted share for the three months ended September 30, 2020. The company saw improvements in rent collections and continued tenant re-openings. Total liquidity reached $1.9 billion after issuing $300.0 million of Senior Notes. The Board of Directors reinstated the quarterly cash dividend at $0.215 per common share.

Brixmor Property Group reported a net income of $9.0 million, or $0.03 per diluted share, and NAREIT FFO of $94.1 million, or $0.32 per diluted share. The company executed 1.3 million square feet of new and renewal leases and realized a total leased occupancy of 92.1%.

Brixmor Property Group reported a net income of $59.8 million, or $0.20 per diluted share, for the three months ended March 31, 2020. The company executed 1.4 million square feet of new and renewal leases and generated same property NOI growth of 3.0%.

Brixmor Property Group reported strong leasing, rent growth, and reinvestment returns for Q4 2019. The company executed 2.7 million square feet of total leasing volume, grew total leased occupancy to 92.4%, and generated same property NOI growth of 5.1%.