Brixmor reports Q3 NAREIT FFO 50c, consensus 50c

Reports Q3 revenue $307.31M, consensus $307.68M. Reports Q3 same property NOI up 4.8% versus the comparable 2022 period. “We are very pleased to report another quarter of outperformance across all fronts,” commented James Taylor, CEO. “It’s a quarter that once again demonstrates the cumulative effects and momentum of our transformative, value-added business plan, the compelling returns and growth in cash flows that our plan continues to produce, the durability of demand from vibrant retailers to be in our centers, and, most importantly, the strength of our team.”