Overview

* Brandywine Realty Trust ( BDN ) reports Q3 net loss of $26.2 mln, EPS of -$0.15

* FFO for Q3 2025 totals $28 mln, or $0.16 per share

* Company revises 2025 FFO guidance to $0.51-$0.53 per share

Outlook

* Brandywine Realty Trust ( BDN ) revises 2025 FFO guidance to $0.51-$0.53 per share

* Company adjusts 2025 loss per share guidance to $(1.05)-$(1.03)

* Brandywine expects year-end core occupancy of 88-89%

Result Drivers

* SPECULATIVE REVENUE - Achieved midpoint of speculative revenue target, reflecting business plan progress

* LEASE EXPIRATION - Low forward lease expiration schedule with only 4.9% of revenues expiring through 2026

* LIQUIDITY POSITION - Strong liquidity with no outstanding balance on $600 mln unsecured line of credit and $75 mln cash on hand

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS -$0.15

Q3 Net -$26.20

Income mln

Q3 FFO $28 mln

Q3 FFO $0.16

Per

Share

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the commercial reits peer group is "buy."

* Wall Street's median 12-month price target for Brandywine Realty Trust ( BDN ) is $5.00, about 26.4% above its October 21 closing price of $3.68

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)