Brixmor Property Group Inc Q2 Income Climbs 2%

(RTTNews) - Brixmor Property Group Inc (BRX) released a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line rose to $152.75 million, or $0.50 per share. This was up from $149.05 million, or $0.49 per share, in last year's second quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.7% to $310.06 million. This was down from $312.11 million last year.

Brixmor Property Group Inc earnings at a glance:

-Earnings (Q2): $152.75 Mln. vs. $149.05 Mln. last year. -Earnings Growth (Y-o-Y): 2.5% -EPS (Q2): $0.50 vs. $0.49 last year. -EPS Growth (Y-o-Y): 2.0% -Analysts Estimate: $0.50 -Revenue (Q2): $310.06 Mln vs. $312.11 Mln last year. -Revenue Change (Y-o-Y): -0.7%

-Guidance: Full year EPS guidance: $2.03 - $2.06