Brandywine Realty Trust (NYSE: BDN) shares fell sharply in the after-hours session on Tuesday, following the company's fourth-quarter financial results that missed analysts' expectations.
The real estate investment trust reported funds from operations (FFO) of $0.17 per share for the quarter, falling short of the consensus estimate of $0.23 per share. Additionally, Brandywine's revenue of $121.91 million came in below the expected $125.04 million.
The weaker-than-anticipated performance raised concerns among investors about the company's growth prospects and ability to navigate the current market conditions. As a result, Brandywine's stock experienced a significant 5.21% decline in the after-hours trading session.
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