Brandywine Realty Trust Announces First Quarter 2024 Results And Narrows 2024 Guidance
Brandywine Realty Trust (BDN)
Last brandywine realty trust earnings: 4/22 06:02 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.brandywinerealty.com
Company Research
Source: GlobeNewswire
PHILADELPHIA, April 17, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2024. Management Comments “During the first quarter, we made excellent progress on our 2024 business plan highlighted by achieving 98% of our speculative revenue target based on the midpoint of our guidance,” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. “We continue to experience positive mark-to-market rental rate increases of 16.9% and 3.3% on an accrual and cash basis as well. In early April, we further strengthened our balance sheet and liquidity position by issuing a $400 million five-year unsecured bond at 8.875%. The bond proceeds are being used to retire the $335 million outstanding balance on our unsecured bond maturing in October 2024 and the outstanding balance on our line of credit. Once these bonds are retired, we have no bond maturities until November 202
Show less
Read more
Impact Snapshot
Event Time:
BDN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BDN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BDN alerts
High impacting Brandywine Realty Trust news events
Weekly update
A roundup of the hottest topics
BDN
News
- Brandywine Realty: Why This 13.4% Dividend Yield From Office Is A Buy [Seeking Alpha]Seeking Alpha
- Brandywine Realty Trust to Redeem All Outstanding 4.10% Guaranteed Notes due 2024 [Yahoo! Finance]Yahoo! Finance
- Brandywine Realty Trust to Redeem All Outstanding 4.10% Guaranteed Notes due 2024GlobeNewswire
- Brandywine Realty Trust Announces Expiration of Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024 With Approximately $221.6 Million Having Been Tendered [Yahoo! Finance]Yahoo! Finance
- Brandywine Realty Trust Announces Expiration of Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024 With Approximately $221.6 Million Having Been TenderedGlobeNewswire
BDN
Earnings
- 4/17/24 - In-Line
BDN
Sec Filings
- 4/18/24 - Form 8-K
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- BDN's page on the SEC website