Brandywine Realty Trust (BDN) reported Q1 funds from operations late Tuesday of $0.14 per diluted share, down from $0.24 a year earlier.
Analysts polled by FactSet expected $0.15.
Revenue for the quarter ended March 31 was $121.5 million, down from $126.5 million a year earlier.
Two analysts polled by FactSet expected $123.3 million.
The company narrowed its 2025 FFO guidance to $0.61 to $0.71 per diluted share from $0.60 to $0.72 per share. Analysts expect $0.65.
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