Brandywine Realty Trust (BDN) reported quarterly earnings results on Wednesday, Apr-20-2016. The company reported $0.31 EPS for the quarter. Analysts had a consensus estimate of $0.31. The company posted revenue of $136.50 million in the period, compared to analysts expectations of $127.26 million. The company’s revenue was down -9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
Brandywine Realty Trust opened for trading at $14.2 and hit $14.26 on the upside on Monday, eventually ending the session at $14.24, with a gain of 0.42% or 0.06 points. The heightened volatility saw the trading volume jump to 7,47,372 shares. Company has a market cap of $2,489 M.
In a different news, on Mar 7, 2016, Anthony A Sr Nichols (director) sold 8,000 shares at $13.11 per share price. According to the SEC, on Oct 27, 2015, Michael Joyce (director) purchased 2,500 shares at $13.47 per share price. On Oct 26, 2015, George D Sowa (Executive Vice President) sold 14,860 shares at $13.45 per share price, according to the Form-4 filing with the securities and exchange commission.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Trust provides leasing property management development redevelopment acquisition and other tenant-related services for a portfolio of office industrial retail and mixed-use properties. The Trust owns its assets and conducts its operations through the Brandywine Operating Partnership L.P. (Operating Partnership) and subsidiaries of the Operating Partnership. The Trust is the sole general partner of the Operating Partnership. The Trust’s portfolio is managed through seven segments: Pennsylvania; Philadelphia Central Business District (CBD); Metropolitan Washington D.C.; New Jersey/Delaware; Richmond Virginia; Austin Texas and California. The Pennsylvania segment includes properties in Chester Delaware and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania.